Pakistan Explores USD1 Stablecoin for Payments with World Liberty Financial
Pakistan has signed a Memorandum of Understanding (MOU) with World Liberty Financial, a company reportedly backed by Trump, to explore the use of the USD1 stablecoin for cross-border payments. The development indicates a potential move towards incorporating stablecoins into the country's financial infrastructure. The collaboration focuses on leveraging stablecoins to streamline and potentially reduce the costs associated with international transactions. The MOU signifies an initial step in evaluating the feasibility and benefits of using the USD1 stablecoin within Pakistan's payment systems.
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