Pakistan Eyes Rupee-Backed Stablecoin π΅π°π°
Crypto Lifestyle
3
Posts
3
Posters
8
Views
-

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.
