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    HomeNewsOpinionUS law on stablecoins may impact Indian financial system

    US law on stablecoins may impact Indian financial system

    The new U.S. legislation to support stablecoin, a digital currency backed by the US dollar, will have global implications. It will open up risks and opportunities for India. The government may have to make legal and financial arrangements to deal with the new situation, which will enhance the dominance of the U.S. dollar on the international financial system 

    Saibal Dasgupta
    July 21, 2025 / 09:03 IST
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