Saudi Arabia Embraces Stablecoins to Boost Global Investment Appeal

Riyadh, Saudi Arabia — October 2025: Saudi Arabia is making bold strides toward redefining its financial and investment landscape by preparing to integrate stablecoins into its financial system while simultaneously expanding its real estate funds sector. The dual strategy underscores the Kingdom’s ambition to position itself as a global hub for finance, technology, and blockchain-driven innovation.

Speaking at the World PropTech Summit 2025 in Riyadh, Majid Al-Hogail, Minister of Municipal, Rural Affairs and Housing, announced that the Kingdom is actively working with the Capital Market Authority (CMA) and the Saudi Central Bank (SAMA) to launch stablecoins in the near future.

“We look forward to introducing stablecoins in the Kingdom soon, in partnership with the Capital Market Authority and the Central Bank,” Al-Hogail said. “Stablecoins have become a new foundation for the movement of value worldwide.”

Al-Hogail emphasized that stablecoins—whose total market capitalization has now exceeded SAR 1.125 trillion (USD 300 billion)—account for nearly three-quarters of all blockchain-based transactions globally, highlighting their growing role in modern financial infrastructure.

The minister pointed out that financial hubs such as Dubai, Singapore, New York, London, and Zurich have already implemented stablecoin regulatory frameworks due to their high transparency, low transaction friction, and automated verification mechanisms. He stressed that Saudi Arabia aims to follow suit, ensuring that its financial ecosystem remains both innovative and secure.

“We aim to expand participation in the regulatory sandbox to keep the Saudi real estate market among the most innovative and competitive in the world,” Al-Hogail added.

In parallel with the blockchain developments, Saudi Arabia’s real estate investment landscape continues to grow rapidly. Mohammed Al-Kuwaiz, Chairman of the Capital Market Authority, revealed that the size of the Kingdom’s real estate funds is nearing SAR 300 billion (USD 80 billion), making it the largest investment class within the asset management sector, which now exceeds SAR 1.2 trillion (USD 320 billion).

Meanwhile, the Kingdom’s venture capital sector continues to expand, managing assets worth SAR 5 billion (USD 1.3 billion). However, investment in property technology (proptech) remains relatively limited, currently standing at SAR 35 million (USD 9.3 million).

By linking its blockchain and financial modernization efforts with real estate innovation, Saudi Arabia is signaling a strategic convergence between digital finance and tangible assets—a key pillar of Vision 2030’s drive to diversify the economy and attract global investors.