Millions of Indians hold crypto assets, but using them for everyday transactions remains painfully difficult. Existing solutions require multiple steps—off-ramping to INR, waiting for bank settlements, and manually paying via UPI. This process can take hours or even days, is error-prone, and often comes with high fees or compliance risks.

Valut solves this by letting users pay with stablecoins (like USDC) directly at any UPI-enabled merchant. With one simple flow—Scan, Select, Pay—users scan a merchant’s existing UPI QR code, select a stablecoin, and the merchant receives INR instantly via UPI. Merchants don’t need to know or interact with crypto at all.

Unlike competitors who require merchants to adopt new systems or apps, Valut is plug-and-play for end users, instantly compatible with 200M+ existing UPI endpoints in India. This improves usability, shortens transaction time to seconds, and brings real-world utility to crypto in India for the first time.

How it works:

• The user scans any UPI QR code using the Valut app or browser extension.
• Valut decodes the UPI payment info and generates an INR quote in USDC or other supported stablecoins.
• The user confirms the transaction and pays via their crypto wallet.
• Valut's backend swaps the stablecoin into INR through a compliant partner, then instantly pushes the INR to the merchant via UPI.
• The merchant sees a standard UPI payment—no additional steps or crypto knowledge needed.

Valut makes crypto spending as seamless as using a bank card, while maintaining compliance and real-time settlement.