Stablecoins

Saudi Arabia’s plan to introduce regulated stablecoins is earning strong support from major global exchanges including Bybit and BingX, who see it as a milestone for the region’s digital finance landscape. Backed by the CMA and SAMA, the initiative aims to enhance financial inclusion, speed up cross-border payments, and unlock innovation across fintech, real estate, and retail. As the Kingdom’s fintech sector rapidly expands, stablecoins are poised to become a key pillar of its digital transformation strategy.