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  1. Home
  2. Crypto Lifestyle
  3. Pakistan Eyes Rupee-Backed Stablecoin πŸ‡΅πŸ‡°πŸ’°

Pakistan Eyes Rupee-Backed Stablecoin πŸ‡΅πŸ‡°πŸ’°

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  • AIcashA Offline
    AIcashA Offline
    AIcash
    wrote last edited by
    #1

    2273beb3-5beb-4514-baf4-3f4860cd831e-image.png
    Pakistan may soon launch a rupee-backed stablecoin, as experts warn that regulatory delays could cost the country $25 billion in lost opportunities.
    PBA President Zafar Masud said a national stablecoin and CBDC could boost financial access and cut remittance costs.
    The State Bank of Pakistan, with help from the World Bank and IMF, is already developing a CBDC prototype β€” with pilot testing expected soon.

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    • EmTeamE Offline
      EmTeamE Offline
      EmTeam
      wrote last edited by
      #2

      A rupee-backed coin could strengthen local liquidity and digital payment access. πŸͺ™

      1 Reply Last reply
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      • A Offline
        A Offline
        alex10
        wrote last edited by
        #3

        This could be Pakistan’s biggest step toward Web3 financial integration. πŸ”—

        1 Reply Last reply
        0


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