Category
  • Fintechs
  • Payments
  • Remittances
Use Cases
  • B2B Payments
  • P2P Remittances
  • Treasury Management
  • US Dollar Access
Circle Products Used
  • USDC
  • Mint
  • Wallets
  • CCTP
Blockchains Supported
  • Algorand
  • Arbitrum
  • Base
  • Ethereum
  • Polygon PoS
On/Off-Ramps
  • Yes
Platform
  • Android
  • iOS
  • Web
Region
  • APAC
  • Europe
  • LATAM
  • Middle East and Africa
  • North America
Country
  • India
  • United Arab Emirates
  • United States

India’s leading FIU-registered VASP powering compliant fiat-crypto infrastructure across emerging markets.

Carret is one of India’s foremost regulated Virtual Asset Service Providers (VASPs), registered with the Financial Intelligence Unit (FIU-IND) and fully compliant with India’s AML/CFT framework. We offer robust fiat-to-crypto and crypto-to-fiat on/off-ramp solutions tailored for India and strategically expanding across emerging markets, including Southeast Asia, Latin America, and Africa.

Our platform serves as a compliant, scalable gateway for retail and institutional users to access digital assets with deep liquidity, fast settlements, and enterprise-grade compliance tooling. Carret’s infrastructure is designed to seamlessly integrate with global stablecoin ecosystems such as USDC, enabling high-volume, cross-border flows for remittance, payments, and treasury use cases.

We aim to accelerate financial inclusion and digital asset adoption in underserved markets by offering low-cost, regulatory-aligned access to stablecoins and digital finance infrastructure.

Use Cases

USD-INR Remittance

Carret enables seamless USD to INR remittances powered by stablecoin rails, offering a faster, more cost-effective, and transparent alternative to traditional remittance channels. By leveraging digital dollars and blockchain infrastructure, cross-border transfers can be settled in near real-time, reducing settlement times from several days to just minutes. This model significantly lowers fees - often to a fraction of a percent - by eliminating intermediaries common in legacy financial systems. It is particularly valuable for gig workers, freelancers, and families in India receiving payments from abroad, as well as for businesses looking to streamline payroll or vendor payments to Indian recipients. Funds received in digital dollars are converted to INR at competitive rates and deposited directly into local bank accounts, all while maintaining full compliance with India’s AML and KYC regulations through Carret’s FIU-registered platform. The solution not only improves access and efficiency but also enhances financial inclusion and cross-border commerce in emerging markets.

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