TechFlow reported on January 14 that, according to Reuters, Pakistan's central bank has entered into a cooperation agreement with World Liberty Financial, a cryptocurrency firm linked to the Trump family, to explore using its dollar-pegged stablecoin USD1 for cross-border payments. Under the agreement, World Liberty will assist Pakistan in integrating the USD1 stablecoin into its regulated digital payment infrastructure, enabling it to operate alongside Pakistan’s domestic digital currency systems. The partnership is expected to be officially announced during World Liberty CEO Zach Witkoff’s visit to Islamabad.
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