Pakistan Signs Agreement to Explore Stablecoin USD1 for Cross-Border Payments#Pakistani_Bitcoin $USD1 #MarketRebound
Pakistan has taken another step toward advancing its digital finance ecosystem, with the Ministry of Finance signing a Memorandum of Understanding (MoU) with SC Financial Technologies LLC, an affiliated entity of World Liberty Financial, to collaborate on emerging digital payment architectures, including the potential use of the firm’s stablecoin USD1, for cross-border transactions.#MarketRebound #BTC100kNext? #StrategyBTCPurchase
Pakistan has taken another step toward advancing its digital finance ecosystem, with the Ministry of Finance signing a Memorandum of Understanding (MoU) with SC Financial Technologies LLC, an affiliated entity of World Liberty Financial, to collaborate on emerging digital payment architectures, including the potential use of the firm’s stablecoin, USD1, for cross-border transactions.
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The MoU aims to establish structured dialogue and deepen technical cooperation on secure, compliant, and transparent digital payment infrastructure, as well as innovations in cross-border settlement and foreign exchange mechanisms.
A delegation led by Zachary Witkoff, Chief Executive Officer of SC Financial Technologies LLC, met senior Pakistani officials to discuss how countries worldwide are approaching regulatory frameworks and technological shifts in digital payments and settlement systems.