Indians Use Crypto to Buy Groceries, Fuel and Gold via Overseas Gift Cards

The post Indians Use Crypto to Buy Groceries, Fuel and Gold via Overseas Gift Cards appeared first on Coinpedia Fintech News

Indian crypto users are increasingly using stablecoins such as USDT to purchase everyday goods through overseas gift-card platforms. Users send crypto from private wallets to platforms in countries including Sweden, Germany and Singapore, which issue vouchers usable at local stores, fuel stations, delivery apps and jewelers. One platform has issued more than 16 million cards, …