Coinbase Expands India Presence with USDC-INR Trading Pairs

Coinbase, a leading cryptocurrency exchange, has launched USDC-INR trading pairs in India, marking a significant development in the country's digital currency landscape.

The rollout is part of Coinbase's regulated re-entry into India after securing FIU-IND registration in 2025 under anti-money laundering rules. This move enables users to directly convert Indian Rupees into the USDC stablecoin within the platform, reducing dependence on peer-to-peer (P2P) and offshore channels.

The new system offers a compliant fiat-to-crypto gateway, which is expected to provide a more secure and efficient way for users to engage in cryptocurrency transactions. This development follows phased service expansion across Coinbase products after its return to the Indian market.