Business Standard — Economy/Markets

Stable Money Leads Gold & Silver ETF Surge on ONDC as Investors Turn to Safe, Regulated Products

Stable Money reported record transaction volumes in gold and silver ETFs as Indian investors gravitate toward SEBI‑regulated products amid near‑record precious‑metal prices. The platform now handles over 95% of mutual‑fund trades on the Open Network for Digital Commerce (ONDC), reflecting its early integration and user‑trust focus. ONDC logged roughly 150,000 transactions in January, closing the month with INR 72 Crores AUM. Stable Money’s 30 lakh‑strong user base and $40 million funding position it to capitalize on this shift toward transparent, regulated investments.