Pakistan Explores Stablecoin Integration for Cross-Border Payments
Pakistan has signed an agreement with a crypto business connected to WLFI to explore integrating a dollar-backed stablecoin into its regulated payments system. This development aligns with Pakistan's broader plans to establish digital currency and virtual-asset regulations. The move suggests a growing interest in leveraging stablecoins to streamline cross-border transactions within the country's financial infrastructure. The agreement indicates a potential shift towards incorporating digital assets into Pakistan's financial ecosystem as it develops its regulatory framework for virtual assets.
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