@ari003
Ranting Why India Needs a INR Stablecoin
The East India Company Didn’t Arrive with Cannons—It Arrived with Ledgers.
And today’s digital dollar is writing a new charter over India’s economy.
In 1757, Robert Clive didn’t conquer Bengal with an army alone—he conquered it with control of the currency. The rupee stayed, but its sovereignty didn’t. The Company issued its own notes, dictated terms of trade, and siphoned wealth through financial architecture disguised as convenience.
Fast-forward 268 years. No red coats. No gunpowder. Just USD-backed stablecoins—quietly settling Indian freelancers’ invoices, routing remittances through Dubai, and pricing MSME exports in digital dollars. The rupee is still printed in Nashik… but settled in New York.
This isn’t speculation. It’s digital colonialism by default.
Continued —-