Stablecoin Saudi-Stable
Year: 2025
Type: article
Abstract: SaudiStable (SABUSD) Whitepaper Stablecoin SABUSD – Anchored to Saudi Arabia’s Strategic Sectors and Pegged 1:1 to SAR Introduction SaudiStable (SABUSD) is a fully collateralized stablecoin designed to represent the economic strength and strategic assets of the Kingdom of Saudi Arabia. It aims to provide a secure, reliable digital asset for both local and international transactions, while maintaining stability through a 1:1 peg with the Saudi Riyal (SAR). By leveraging Saudi Arabia’s dominant sectors—oil, gas, chemicals, transportation, and agriculture—SABUSD ensures tangible economic backing, aligning digital finance with real-world value. Vision: To create a Saudi-centric digital currency that empowers commerce, investment, and cross-border transactions with transparency and stability. Mission: Enable a stable, digital representation of SAR. Promote financial inclusion and innovation in Saudi Arabia. Support economic growth by linking the stablecoin to key national sectors.
Author: Gurbanov, Tamirlan
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: green
OpenAlex ID: W7117258597
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