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Fiat currency · NPR

Nepalese Rupee on U.CASH

The Nepalese rupee is pegged to the Indian rupee at 1.60, importing the anchor of the giant economy that surrounds it on three sides and supplies the trade. Remittances from Nepali workers abroad, over a quarter of GDP, are the flows that matter.

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Rails settle it at checkout; pegged tokens settle it on-chain. Both live on the same non-custodial U.CASH checkout.

Nepalese Rupee at a glance

Code
NPR
Symbol
Rs
Local rail
None in the set
Pegged tokens
0

Rails that settle NPR

Nepalese-rupee checkouts can offer SWIFT for bank transfers and cards through your own Stripe or Verifone account; the crypto rails serve the remittance corridors around the clock.

SWIFT

International. Manual rail, no processor account.

The SWIFT rail →

Stripe

Worldwide. Card processing via your own account.

The Stripe rail →

Verifone (2Checkout)

Worldwide. Card processing via your own account.

The Verifone (2Checkout) rail →

Pegged tokens on U.CASH

No Nepalese stablecoin trades on U.CASH today, though the rupee is hard-pegged to the Indian rupee at 1.60. For corridor flows, USDT and USDC settle at the checkout's FX rate.

No NPR-pegged token trades on U.CASH today. Card rails and the crypto assets cover checkout settlement.

Where it settles

Countries served by the Nepalese Rupee rails on U.CASH.

Nepal

Nepalese Rupee: FAQ

Can I accept Nepalese rupee payments?
Yes: SWIFT delivers rupees to a Nepalese account, cards clear NPR through both processors, and crypto rails serve the remittance corridors.
Why is the Nepalese rupee pegged to the Indian rupee?
Geography: India is Nepal's dominant trade partner, and fixing 1.60 to the INR stabilizes the prices of everything that crosses the open border.
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NPR, rails and chains

Bank rails for the checkout, pegged tokens for on-chain settlement, one non-custodial platform.

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