Catenaa, Tuesday, November 18, 2025-Pakistan is considering the launch of a rupee-backed stablecoin to modernize its payment systems and improve financial access, particularly for the unbanked population.
The initiative, reported by local media, is being evaluated alongside comprehensive digital asset regulations designed to prevent missed economic opportunities and ensure stability in the emerging digital finance sector.
The proposed stablecoin would maintain value stability through asset pegging to the Pakistani rupee, supporting both domestic transactions and cross-border remittances.
Policymakers see the digital currency as a tool to streamline payments, reduce transaction costs, and enhance financial inclusion across the country.
This move aligns with Pakistan’s broader efforts to integrate fintech solutions into its economy and expand digital financial services.
Regulators are reportedly assessing the legal, technological, and operational frameworks needed to support the issuance of a national stablecoin while safeguarding against potential risks.
If implemented, the rupee-backed stablecoin could accelerate digital payment adoption, facilitate remittances from overseas Pakistanis, and provide unbanked populations with access to formal financial infrastructure.
The project signals Pakistan’s commitment to leveraging blockchain and digital finance to enhance economic participation and modernize its monetary ecosystem.
Pakistan considers launching a rupee-backed stablecoin to modernize payments, boost financial inclusion, and improve cross-border remittances amid broader digital asset regulations.
Pakistan plans a rupee-backed stablecoin to modernize payments, increase financial access, and improve remittances, supporting unbanked citizens and fintech growth.
