President Trump and Scott Bessent have recently voiced their support for a comprehensive regulatory framework for stablecoins in India. Both individuals emphasized the need for a clear regulatory environment that can help ensure stability and security in the cryptocurrency market. Stablecoins are a type of cryptocurrency that is pegged to a stable asset, such as a fiat currency like the Indian Rupee. The call for regulation comes at a time when the popularity of stablecoins is on the rise in India, with many investors turning to these digital assets as a way to hedge against market volatility. By implementing a regulatory framework for stablecoins, authorities can better monitor and supervise their use, which can help protect consumers and investors from potential risks. The support from President Trump and Scott Bessent is seen as a positive step towards establishing a more secure and transparent cryptocurrency market in India. As the use of stablecoins continues to grow, it is essential for regulators to create guidelines that can ensure the integrity and reliability of these digital assets. With the backing of influential figures like President Trump and Scott Bessent, the push for regulation in the stablecoin market is expected to gain momentum in India.