Stablecoins are gaining significant traction in the Gulf region's remittance market, providing a faster and more cost-effective alternative to traditional banking systems. In 2023, Gulf expatriates sent $131.5 billion in remittances, marking the highest global figure. Stablecoins offer near-instant settlement, enhanced traceability, and reduced transaction friction, making them an attractive option for the region's large migrant and expatriate communities. Kem, a platform launched in 2023, has expanded its services to the Gulf, Pakistan, and the Philippines, offering digital wallets, instant transfers, and local cashouts. Tether invested $3 million in Kem in 2024, supporting its decentralized model that features low fees and programmable compliance. The Gulf region is also advancing regulatory frameworks, with the UAE and Bahrain at the forefront of stablecoin regulation.