Pine Labs plans to launch stablecoin prepaid cards in nine countries in April.

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According to ME News, on March 2nd (UTC+8), Pine Labs, the Indian fintech giant backed by Temasek and Peak XV, plans to launch stablecoin-backed prepaid cards in nine countries across the Middle East, Africa, and Southeast Asia by the end of April 2026. The product will allow users to fund their cards with stablecoins from their digital wallets and convert them to local fiat currency at points of sale using real-time exchange rates. (Source: ME)

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