Pakistan is quietly stepping into the digital dollar conversation.
According to Reuters, Islamabad is partnering with World Liberty Financial to explore a dollar backed stablecoin aimed at cross border payments.
This is not a retail crypto push. It is a payments and settlement experiment, focused on reducing friction in remittances and trade flows.
The signal matters. Pakistan runs a structurally tight dollar balance, relies heavily on remittances, and operates under persistent FX pressure.
A regulated dollar stablecoin offers speed, transparency, and cost reduction without challenging dollar dominance.
Zooming out, this fits a broader pattern. Emerging markets are not trying to replace the dollar. They are trying to access it more efficiently.
Stablecoins are becoming infrastructure, not ideology.
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