New Delhi, Feb. 27 -- South Asia's economic stability is increasingly intertwined with cross-border financial flows, particularly migrant remittances, which form a critical pillar of external sector resilience across the region. As remittance inflows continue to expand in 2025, they simultaneously expose structural inefficiencies within traditional transfer systems including high transaction costs, correspondent banking frictions, and currency volatility. In this evolving financial environment, cryptocurrency has begun to emerge not merely as a speculative asset class but as a potential cross-border settlement mechanism.

This article examines whether the rapid growth of digital asset adoption in South Asia is translating into functional ...