Pakistan is making moves in the stablecoin space. The South Asian nation has partnered with World Liberty Financial to develop a dollar-backed stablecoin designed for cross-border payments, according to Reuters. This collaboration signals growing institutional interest in blockchain-based payment solutions for international settlements. The initiative could reshape how Pakistan handles remittances and trade financing, especially given the country's significant diaspora and cross-border transaction volumes. As more nations explore stablecoin infrastructure, such partnerships highlight the shift toward digital payment rails backed by traditional currency reserves.