White Research Paper for INRTether
Authors:-Mr. Deepak Singh
Abstract-INRTether is a proposed fiat-backed cryptocurrency pegged to the Indian Rupee (INR) in 1:1 (i.e., 1INRTether = ₹1). This paper aims to explore the feasibility and potential benefits of such a digital asset. We delve into the underlying technology, economic considerations, and regulatory implications of INRTether. By analyzing existing stablecoin models and the specific context of the Indian financial landscape, we assess the potential advantages and challenges of implementing INRTether. Our research contributes to the growing body of knowledge on cryptocurrencies and their potential role in financial systems, particularly in emerging economies.
