Pakistan is moving forward with plans to leverage stablecoins for international remittance transfers. The initiative involves partnering with an entity affiliated with World Liberty Financial to facilitate cross-border payments using digital assets. This development marks a significant step in adopting cryptocurrency-based solutions for handling remittances—a critical revenue stream for Pakistan. By utilizing stablecoins, the country aims to reduce transaction costs and settlement times compared to traditional banking channels. The collaboration underscores growing mainstream interest in blockchain-based financial infrastructure, particularly for emerging markets seeking efficient payment solutions.
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CryptoComedian
· 5h ago
Pakistan uses stablecoins for remittances? Now that's truly "stable" to the core. The real killer would be if the stablecoin itself becomes unstable someday.
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MemeCurator
· 5h ago
Pakistan is working on stablecoin remittances? This move is quite practical and can really save a lot on transaction fees.
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OptionWhisperer
· 5h ago
Pakistan's recent move is quite interesting. Using stablecoins for remittances can indeed save a lot on fees, but whether World Liberty Financial is reliable or not still remains to be seen.
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NotFinancialAdvice
· 5h ago
Pakistan's move to establish stablecoin remittances is basically about wanting to cut out the middleman banks and their profit margins.
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AirdropFatigue
· 5h ago
Pakistan is really pulling a stunt, using stablecoins for remittances... This wave has definitely heated up.
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StablecoinSkeptic
· 6h ago
This move by Pakistan is quite interesting, but can stablecoins really solve the remittance issue? I'm still a bit skeptical.
Pakistan is moving forward with plans to leverage stablecoins for international remittance transfers. The initiative involves partnering with an entity affiliated with World Liberty Financial to facilitate cross-border payments using digital assets. This development marks a significant step in adopting cryptocurrency-based solutions for handling remittances—a critical revenue stream for Pakistan. By utilizing stablecoins, the country aims to reduce transaction costs and settlement times compared to traditional banking channels. The collaboration underscores growing mainstream interest in blockchain-based financial infrastructure, particularly for emerging markets seeking efficient payment solutions.