The post Pakistan Eyes Rupee Stablecoin as Experts Warn of $25 Billion Missed Opportunity appeared on BitcoinEthereumNews.com.

Pakistan is seriously considering launching its own rupee-backed stablecoin as financial experts warn the country could lose up to $25 billion in economic opportunities if it delays digital asset regulation. The announcement came during the Sustainable Development Policy Institute Conference on November 8, 2025, marking a major shift in Pakistan’s approach to cryptocurrency. Zafar Masud, President of the Pakistan Banks Association, told attendees that Pakistan could unlock between $20 billion and $25 billion in crypto-related growth by establishing clear rules for digital assets. He noted that global stablecoins processed approximately $27.6 trillion in transaction volume during 2024, highlighting the massive scale of the market. A Digital Currency is Already in Development Pakistan isn’t just talking about digital currency—it’s already building one. Faisal Mazhar, Deputy Director of Payments at the State Bank of Pakistan, confirmed that a Central Bank Digital Currency (CBDC) prototype is currently under development with help from the World Bank and International Monetary Fund. The central bank plans to run a pilot program before launching the digital rupee to the public. The CBDC could dramatically reduce the cost of sending money into Pakistan from abroad. This matters because overseas remittances reached $30.25 billion in fiscal year 2024, making them a crucial part of Pakistan’s economy. A digital currency would allow people to send money home faster and cheaper than traditional banking systems. Masud emphasized that Pakistan should start with stablecoins before moving to more complex digital assets. He stressed the importance of consumer protection and warned that cybersecurity remains a major challenge for the country’s digital finance plans. Pakistan Ranks Third Globally in Crypto Adoption Pakistan’s interest in digital currency isn’t coming out of nowhere. The country jumped six spots to rank third in Chainalysis’ 2025 Global Crypto Adoption Index, trailing only India and the United States. This…

---

Filed under: News - @ November 8, 2025 9:28 pm