Pakistan and World Liberty Financial Sign MoU to Explore Stablecoin Integration
- Pakistan has signed a memorandum of understanding (MoU) with SC Financial Technologies, affiliated with World Liberty Financial (WLFI), to explore integrating the USD1 stablecoin into its digital payments framework.
- The MoU facilitates discussions, knowledge sharing, and technical collaboration to assess feasibility, risks, and compliance before implementation.
- The agreement aims to enhance secure digital finance systems for cross-border payments and exchange mechanisms in Pakistan.
- This initiative aligns with Pakistan’s Digital Pakistan vision to improve financial inclusion and connect with global digital finance networks.
- The partnership also involves developing regulatory sandboxes for blockchain financial products and expanding stablecoin applications.
Pakistan’s collaboration with World Liberty Financial through an MoU aims to integrate the USD1 stablecoin into its regulated digital payment systems, enhancing cross-border transactions and supporting the country’s broader digital finance goals.
Source (3.2)https://cryptobriefing.com/world-liberty-signs-mou-pakistan-study-stablecoin-use-cross-border-payments/?rand=59535
