Pakistan just inked a memorandum of understanding with SC Financial Technologies—a partner linked to World Liberty Financial—to test drive USD1, a USD-pegged stablecoin, for international money transfers. This move signals growing appetite for blockchain-based solutions in emerging markets looking to streamline cross-border payments. The collaboration explores how stablecoins can serve as a practical bridge for settlement, potentially reducing friction in remittance corridors and traditional payment channels. It's one of those quiet moments where government entities start seriously kicking the tires on crypto infrastructure—worth tracking how this shapes up.
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Pakistan just inked a memorandum of understanding with SC Financial Technologies—a partner linked to World Liberty Financial—to test drive USD1, a USD-pegged stablecoin, for international money transfers. This move signals growing appetite for blockchain-based solutions in emerging markets looking to streamline cross-border payments. The collaboration explores how stablecoins can serve as a practical bridge for settlement, potentially reducing friction in remittance corridors and traditional payment channels. It's one of those quiet moments where government entities start seriously kicking the tires on crypto infrastructure—worth tracking how this shapes up.