Stablecoin features are currently unavailable for users in Bangladesh. This includes creating stablecoin accounts, making deposits via USDT (TRC20) or Binance, and conducting crypto-to-account transfers. Here’s a detailed explanation of why this is the case and alternative options you can consider.

Stablecoin accounts and crypto features are restricted in Bangladesh due to regulatory and compliance requirements. These rules vary by country and financial institution, influencing where features like stablecoin wallets can be offered. , For instance, nsave must comply with regulatory obligations specific to each region. In contrast, other platforms may operate under different frameworks, which can explain the discrepancy in service availability.

Stablecoin features are also paused for all users, including alternative regions, due to changes with banking partners. This currently affects specific transfer and deposit methods.

No. Stablecoin accounts are not available for customers in Bangladesh. If you attempt to create one via the nsave app, it will display a “Not available” message. , ,

If your account is registered in Bangladesh, you will only see bank transfers as deposit options. This restriction applies to all variants of stablecoin deposits, such as USDT (TRC20), Binance deposits, etc. Requests for such transfers will remain in the “Processing” state indefinitely because they are unsupported. ,

Even though stablecoin features are unavailable, you can still use other nsave services such as:

While stablecoin services are restricted in Bangladesh, there is potential for future expansion. You will receive notifications via email or the app when features become available. Timelines for launching these services have not been confirmed yet. , ,

By keeping informed of updates and utilizing available alternatives, you can continue to access essential financial services through nsave even while stablecoin options remain unavailable in Bangladesh.