The Central Bank of Armenia considers stablecoins as one of the key areas for the development of the financial system. This was stated by the head of the regulator, Martin Galstyan, at the Doing Digital 2026 forum. According to him, the main emphasis is on solving real problems of business and users, primarily in the field of cross-border payments.

Today, international financial services remain fragmented and do not always provide fast and convenient service. Stablecoins, according to the regulator, are able to close this gap, acting as a link between the traditional financial system and the crypto economy. This can improve the quality of services and speed up operations for end customers.

The Central Bank emphasizes that regulation is built around financial risks, not technologies. The adopted law on crypto assets, which came into force on July 4, 2025, should ensure a balance between user protection and the development of innovation. It introduces rules for operating in the market and allows only transparent companies to enter it, which is expected to increase confidence in the crypto industry in the country.