# Successfully Launching More cStables on Celo **URL:** \ **Category:** Governance\ **Created:** [April 19, 2022, 11:31am UTC](https://forum.celo.org/t/successfully-launching-more-cstables-on-celo/3363 "2022-04-19T11:31:58Z")\ **Posts on this page:** 1\ **Showing post:** 4
**Author:** ![gvish](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/gvish/32/9699_2.png) [@gvish](https://forum.celo.org/u/gvish)\ **Post date:** [April 21, 2022, 7:47pm UTC](https://forum.celo.org/t/successfully-launching-more-cstables-on-celo/3363/4 "2022-04-21T19:47:19Z")
Thank you @Pinotio.com, I agree we need to have a strategy and all the other pieces listed by @nimittank in place to make it a successful launch. I had highlighted some concerns in the [original post](https://forum.celo.org/t/proposal-to-introduce-indian-rupee-cinr-stable-coin/3035) of cINR and I would like to make sure we have a plan in place to tackle them. Since the tax regulations have come into effect this month, volumes have dropped about 80% in most of the exchanges and it is a concerning situation in India. Coinbase recently launched their services in the India and quickly ran into problems when on/off ramps through UPI (India’s digital payments system) were suspended. More on that [here](https://www.protocol.com/fintech/coinbase-upi-india-crypto). I think Celo needs to closely engage with authorities in order to have the intended impact. It would make on/off ramps much easier if Valora can be integrated to work with UPI. I see some immediate arbitrage opportunities Celo can tap into with cUSD trading at about 2-3 INR less than USDT on Valora as compared to other exchanges. There is a way to work around this UPI problem via P2P mechanism like on WazirX or Binance, which I’m guessing would use a bit of resources. It would help if we have an ecosystem lead for India (and other cStables) to facilitate and brainstorm the strategy. I am happy to assist with these initiatives and to reach out to people who could help us penetrate the market. As @nimittank rightly pointed out, we would need marketing initiatives to make it all happen. --- _[View the full topic](https://forum.celo.org/t/successfully-launching-more-cstables-on-celo/3363)._