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BTCC / BTCC Square / Global Cryptocurrency /
Pakistan Explores USD1 Stablecoin for Cross-Border Payments via WLFI-Linked Partnership

Pakistan Explores USD1 Stablecoin for Cross-Border Payments via WLFI-Linked Partnership

Author:
Global Cryptocurrency
Published:
2026-01-15 10:49:01
4
1
BTCCSquare news:

Pakistan has entered a memorandum of understanding with SC Financial Technologies, an affiliate of Trump-connected World Liberty Financial (WLFI), to pilot the use of the USD1 stablecoin for international transactions. The collaboration aims to integrate the dollar-pegged token into Pakistan's regulated digital payments infrastructure under the oversight of its central bank.

The deal, announced during WLFI CEO Zach Witkoff's visit to Islamabad, positions USD1 as a potential bridge between traditional finance and emerging digital asset frameworks. Documentation confirms SC Financial Technologies co-owns the stablecoin brand alongside WLFI, with reserves structured to maintain the 1:1 dollar peg.

This initiative marks Pakistan's most substantive MOVE toward cryptocurrency adoption since establishing its Virtual Asset Regulatory Authority. The partnership could accelerate remittance flows while testing regulatory tolerance for dollar-backed digital assets in emerging markets.

|Square

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