Saudi Arabia is taking steps to strengthen its global position in investment and finance by integrating stablecoins into its financial system and expanding the real estate funds sector, a move designed to increase capital inflows and facilitate both domestic and foreign investment.<\/p>\n\n\n\n
\u201cWe look forward to introducing stablecoins in the Kingdom soon, in partnership with the Capital Market Authority and the Central Bank,\u201d said Saudi Minister of Municipal, Rural Affairs and Housing Majid Al-Hogail during his speech at the World PropTech Summit 2025 in Riyadh on Sunday.<\/p>\n\n\n\n
Al-Hogail stressed that stablecoins have become a new foundation for the movement of value worldwide. Their total market capitalization has exceeded SAR 1.125 trillion (USD 300 billion), representing nearly three-quarters of all blockchain-based transactions globally.<\/p>\n\n\n\n
He explained that the world is witnessing a redefinition of financial infrastructure. Over the past year, transactions involving cryptocurrencies and stablecoins reached SAR 33.75 trillion, including SAR 4.5 trillion in September 2025 alone, according to data from the Bank for International Settlements.<\/p>\n\n\n\n
This transaction volume, he noted, is about five times greater than that of PayPal and approaches the global settlement capacity of Visa.<\/p>\n\n\n\n
Al-Hogail pointed out that major financial hubs such as Dubai, Singapore, New York, London, and Zurich have already established regulatory frameworks for stablecoins, thanks to their high transparency, low friction, and automated transaction verification.<\/p>\n\n\n\n
He further highlighted the importance of building secure and efficient financial settlement systems, saying: \u201cWe look forward to seeing stablecoins in the Kingdom soon, in partnership with the Capital Market Authority and the Central Bank. We also aim to expand participation in the regulatory sandbox to keep the Saudi real estate market among the most innovative and competitive in the world.\u201d<\/p>\n\n\n\n
Meanwhile, Chairman of the Capital Market Authority Mohammed Al-Kuwaiz said that the size of real estate funds in the Kingdom is approaching SAR 300 billion. This makes them the largest investment class within the asset management sector, which has surpassed SAR 1.2 trillion. He added that these funds cover commercial, residential, office, and land assets.<\/p>\n\n\n\n
Al-Kuwaiz also highlighted the growing role of the debt market as a modern financing tool in the real estate sector. Debt issuances have exceeded SAR 35 billion (USD 9.3 billion) domestically and internationally, surpassing equity financing.<\/p>\n\n\n\n
As for venture capital, the volume of managed assets reached approximately SAR 5 billion (USD 1.3 billion), while investment in proptech remains limited at SAR 35 million (USD 9.3 million).<\/p>\n","protected":false},"excerpt":{"rendered":"
Saudi Arabia is taking steps to strengthen its global position in investment and finance by integrating stablecoins into its financial system and expanding the real…<\/p>\n","protected":false},"author":2,"featured_media":3114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,72,16,4,65,366],"tags":[71,78,372,66,373],"class_list":["post-3113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-crypto-finance","category-finance","category-international","category-property","category-saudi-arabia","tag-crypto-currency","tag-finance","tag-property","tag-saudi-arabia","tag-stablecoin"],"yoast_head":"\n