India's Pine Labs will introduce a stablecoin-backed prepaid card in nine countries across the Middle East, Africa and Southeast Asia by the end of April, CEO Amrish Rau told Reuters. The move marks the first push by a major Indian payments company into stablecoin-linked consumer payments. Rau said the Temasek and Peak XV-backed firm is targeting markets with a "stablecoin-friendly stance", without naming the jurisdictions. The product will not be launched in India or China, as per the report. China last mo ...