Pakistan is actively exploring the potential of blockchain technology to boost its economy. The nation is considering introducing a stablecoin pegged to the Pakistani Rupee (PKR) alongside a Central Bank Digital Currency (CBDC). This move is fueled by the belief that embracing cryptocurrency could significantly contribute to Pakistan's economic growth. Zafar Masud, Chairman of the Pakistan Bank Association (PBA), suggests that Pakistan could potentially gain up to $25 billion by participating in the cryptocurrency market. The State Bank of Pakistan (SBP) is already developing a CBDC prototype with assistance from the World Bank and the International Monetary Fund (IMF). Before a full-scale launch, a pilot operation is planned to test and refine the digital currency. This initiative reflects Pakistan's commitment to exploring innovative financial technologies. ```