---
title: "Pakistan explores stablecoins for remittance savings"
description: "Most outlets highlighted the potential financial savings of around $400 million annually through the use of regulated stablecoins for remittances. Business Recorder attributed the statement to Saqib, while ProPakistani referred to the official as \"Crypto Czar,\" adding a more colorful descriptor to the role. Both emphasized the projected cost reduction in remittance transactions."
url: https://harzaviya.com/stories/4286-pakistan-s-crypto-czar-eyes-400-million-remittance-savings
site: HarZaviya
language: en
---

# Pakistan explores stablecoins for remittance savings

business · latest filing 23 Aug 2026, 9:06 AM PKT · 22–23 Aug 2026 · 4 articles from 4 outlets

**HarZaviya summary** — how 4 outlets covered this, generated automatically from their headlines and excerpts:

> Most outlets highlighted the potential financial savings of around $400 million annually through the use of regulated stablecoins for remittances. Business Recorder attributed the statement to Saqib, while ProPakistani referred to the official as "Crypto Czar," adding a more colorful descriptor to the role. Both emphasized the projected cost reduction in remittance transactions.

## Same story from 4 outlets

Each outlet's own headline, most recent first — read any at its source.

- **Daily Times** — [Pakistan eyes $400 million remittance savings through stablecoins](https://dailytimes.com.pk/1542537/pakistan-eyes-400-million-remittance-savings-through-stablecoins/) · 23 Aug 2026, 9:06 AM PKT
  > Pakistan is exploring the use of regulated stablecoins for remittances, with potential savings of around $400 million a year if the technology can reduce transfer costs by one percentage point on the country’s roughly $40 billion annual remittance inflows, Bilal bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), said. The proposal forms […]
- **Aaj News (English)** — [Pakistan eyes $400m remittance savings through stablecoins, says Bilal bin Saqib](https://english.aaj.tv/news/330469045/pakistan-eyes-400m-remittance-savings-through-stablecoins-says-bilal-bin-saqib) · 22 Aug 2026, 8:55 PM PKT · 99% identical wording to the newest filing
  > Pakistan is exploring the use of regulated stablecoins for remittances, with potential savings of around $400 million a year if the technology can reduce transfer costs by one percentage point on the country’s roughly $40 billion annual remittance inflows, Bilal bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), said. The proposal forms part of a broader government...
- **ProPakistani** — [Pakistan’s Crypto Czar Eyes $400 Million Remittance Savings Through Stablecoins](https://propakistani.pk/2026/08/22/pakistans-crypto-czar-eyes-400-million-remittance-savings-through-stablecoins/) · 22 Aug 2026, 2:18 PM PKT · 91% identical wording to the newest filing
  > Pakistan could save around $400 million annually by using regulated stablecoins for remittances if the technology reduces transaction costs by… Read More The post Pakistan’s Crypto Czar Eyes $400 Million Remittance Savings Through Stablecoins appeared first on ProPakistani.
- **Business Recorder** — [Pakistan eyes $400mn remittance savings through stablecoins, says Saqib](https://www.brecorder.com/news/40436066/pakistan-eyes-400mn-remittance-savings-through-stablecoins-says-saqib) · 22 Aug 2026, 1:20 PM PKT · 98% identical wording to the newest filing
  > Pakistan is exploring the use of regulated stablecoins for remittances, with potential savings of around $400 million a year if the technology can reduce transfer costs by one percentage point on the country’s roughly $40 billion annual remittance inflows, Bilal bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), said. The proposal forms part of a broader government...

4 articles from 4 outlets, 22–23 Aug 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text.

---

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