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Pakistan Pilots Trump-Linked USD1 Stablecoin for Remittance Efficiency

Pakistan Pilots Trump-Linked USD1 Stablecoin for Remittance Efficiency

Author:

Global Cryptocurrency

Published:

2026-01-14 08:31:02

10

1

BTCCSquare news:

Pakistan's central bank has entered a memorandum of understanding with SC Financial Technologies, a firm affiliated with the TRUMP family's World Liberty Financial, to test the USD1 stablecoin within its payment infrastructure. The dollar-pegged digital asset aims to streamline the nation's $30 billion annual remittance flows while reducing transaction costs.

The partnership marks one of the first sovereign adoptions for the DeFi platform launched by Donald Trump Jr. and Eric Trump in September 2024. An official announcement is scheduled in Islamabad as Pakistan accelerates its digital finance initiatives.

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