Pakistan’s Crypto Czar Eyes $400 Million Remittance Savings Through Stablecoins
Aug 22 2026 09:18 UTC - Muhammad Bilal
➤ Pakistan aims to save $400 million annually by leveraging regulated stablecoins for remittances, reducing transaction costs on its $40 billion remittance inflows.
➤ The country is developing a comprehensive virtual asset strategy, including licensing VASP providers and exploring use cases beyond remittances for freelancers, digital exports, and SME financing.
➤ Pakistan's phased approach focuses on establishing a legal framework, building a regulated market, and developing national use cases like tokenized trade receivables and private credit to connect businesses with international capital.
Read more at: https://rwatimes.io/articles/propakistani-pakistans-crypto-czar-eyes-400-million-remittance-savings-through-stablecoins-1460939058?utm_source=binance
Aug 22 2026 09:18 UTC - Muhammad Bilal
➤ Pakistan aims to save $400 million annually by leveraging regulated stablecoins for remittances, reducing transaction costs on its $40 billion remittance inflows.
➤ The country is developing a comprehensive virtual asset strategy, including licensing VASP providers and exploring use cases beyond remittances for freelancers, digital exports, and SME financing.
➤ Pakistan's phased approach focuses on establishing a legal framework, building a regulated market, and developing national use cases like tokenized trade receivables and private credit to connect businesses with international capital.
Read more at: https://rwatimes.io/articles/propakistani-pakistans-crypto-czar-eyes-400-million-remittance-savings-through-stablecoins-1460939058?utm_source=binance