Nirmala Sitharaman Stablecoin Hint: Is India Ready For INR Coin?

India INR Coin Soon? Nirmala Sitharaman Stablecoin Statement Hints Yes

India might be about to see a big change in the way money works. Today's Nirmala Sitharaman stablecoin statement made headlines. ‘The Finance Minister said that digital currencies and pegged-crypto are becoming very important for all countries.’

Source: Sapna Singh X Account

She also warned that if nations don’t accept these new systems, they might get left behind. After this India crypto news today, many believe that they could soon launch an INR-backed pegged-currency—a digital version of the rupee that will be safe, regulated, and useful for everyone.

Polygon CEO Sandeep Nailwal Predicts INR Stablecoin Within Months

Adding to the buzz, As per Crypto India’s recent X post, Polygon’s CEO Sandeep Nailwal said he is “100% sure” that the Government will bring its own India INR digital currency stablecoin in just a few months.

If this happens, it will change a lot of things:

• Digital money will become safer and legal.

• More Indians can use DeFi (decentralized finance) easily.

• The nation can play a big role in global crypto markets.

Global Stablecoin Market Cap Surges Past $300 Billion

The world’s pegged-crypto market is growing very fast. On October 3, 2025, the total market value reached $302.57 billion, which is 47% higher than at the start of the year.

Source: DeFi Lama

Some important points:

• Tether (USDT) is still the biggest player with 58% share and $2 billion newly added on Ethereum.

• Ethereum hosts 60% of all pegged-cryptocurrencies.

• USDC ($74B) and USDe ($14.8B) are growing steadily.

• In just 7 days, over $6 billion flowed into these assets, showing that investors trust them more and are preparing for bigger moves in crypto.

As per my analysis being a crypto expert, I believe after the chart data analysis, India pegged-asset adoption has become more vital than ever, and this is a good time to join the race, before it’s too late.

Nirmala Sitharaman Statement Today Risky or Safe?

Well, after careful research, some countries like Russia believe that the U.S.-backed stablecoins adoption across the countries give America more financial control to erase its $35T debt than devalueing the dollar. 

But Finance Minister Nirmala Sitharaman's Stablecoin statement  seems to be moving in a smarter direction—potentially planning its own rupee pegged-token sooner than expected. This move can help the nation become a leader in the digital economy instead of a follower.

Conclusion: What Does It Mean For Indian Investors 

If an Indian rupee crypto stablecoin INR comes out, here’s how it will help traders:

Faster transfers between apps, exchanges, and wallets.

• Generate more trust because it will be backed by the government.

• People can take part in worldwide crypto systems.

• India’s adoption will bring bull runs in the cryptocurrency market because it stands on the #2 positions with largest bitcoin holdings.

This is why the Nirmala Sitharaman stablecoin vision and warning for other nations and Polygon CEO prediction could be a big turning point for India’s financial market and investors.