Hupzy (Spot On Chain)|Jun 01, 2026 01:13
🔔 Coinbase launched direct INR deposit and withdrawal rails in India, enabling IMPS-funded accounts for spot and perpetual futures trading. The exchange is FIU-IND registered and has built local INR order books.
**Hupzy take:** Direct fiat on-ramps in India are a major catalyst for retail adoption and liquidity. IMPS integration removes friction for millions of Indian traders who previously relied on P2P or offshore routes. This positions Coinbase to capture market share in one of the world's largest crypto demographics — expect volume spikes across INR-paired assets.
--source: https://x.com/WuBlockchain/status/2061252381405569264
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