Saudi Arabia Leads Charge in Tokenized Finance, Computing Power Emerges as Strategic Asset
Saudi Arabia is aggressively positioning itself at the center of tokenized finance and AI infrastructure as global financial systems shift towards programmable money, according to Faisal Monai, founder of Saudi Arabia's payments network SADAD.
Monai argued that traditional payment systems remain structurally inefficient despite the internet era, creating demand for stablecoins and blockchain-based settlement systems capable of moving value instantly across borders.
Saudi Arabia has already acknowledged tokenization at the regulatory level and is working towards broader market infrastructure including secondary markets and stablecoin integration. Monai stressed that Saudi Arabia's strategy is not about bypassing Western financial systems but integrating with them.