Crypto goes abroad, returns as gift cards for Indians to buy groceries & gold

The mechanism involves leading fintech and e-commerce platforms incorporated in Sweden, Germany and Singapore. Individuals can use these platforms to obtain gift cards or vouchers, which effectively serve as proxy money, by transferring stablecoins from their private e-wallets to overseas entities.

This story was originally reported by Times of India — Top Stories. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.