Pakistan Crypto Volume: Why It’s Among the Highest in the World

When you hear Pakistan crypto volume, the total amount of cryptocurrency traded or held by users in Pakistan. Also known as crypto adoption in Pakistan, it’s not about speculation—it’s about survival. Even after a 2018 central bank ban, over 20 million Pakistanis now hold crypto. Why? Because inflation wiped out savings, banks blocked international transfers, and crypto became the only way to send money home or protect wealth.

The real driver? stablecoins, digital tokens pegged to the US dollar to avoid price swings. Also called USDT or USDC in Pakistan, these aren’t traded for profit—they’re used like cash. People buy USDT with local rupees, send it to family abroad, and cash out in dollars. No bank approval needed. This isn’t crypto culture—it’s crypto necessity. Meanwhile, crypto regulation Pakistan, the government’s shifting stance on digital assets. Also known as crypto legality in Pakistan, it’s a mess of contradictions: trading is banned, but millions still use it daily through P2P apps and local traders. Enforcement is weak, and the public doesn’t see crypto as illegal—it sees it as essential. The result? Pakistan consistently ranks in the top 4 globally for crypto adoption, beating countries with far more permissive laws.

What you won’t hear in official reports is how deeply crypto is woven into daily life. A factory worker in Lahore uses USDT to pay for his son’s education in the UAE. A farmer in Sindh sells wheat and gets paid in Bitcoin through a WhatsApp-based marketplace. A young woman in Karachi uses crypto to buy software tools she can’t access through local banks. These aren’t traders. They’re ordinary people using what works. The Pakistan crypto volume isn’t driven by hype or FOMO—it’s driven by real, urgent needs.

Below, you’ll find real stories and breakdowns of how crypto actually functions in Pakistan—what people buy, how they avoid scams, why they trust certain platforms, and what’s changed since the ban. No fluff. Just what’s happening on the ground.