Pakistan Explores World Liberty Stablecoin for Cross-Border Payments
The post Pakistan Explores World Liberty Stablecoin for Cross-Border Payments appeared on BitcoinEthereumNews.com.
Fintech Pakistan is positioning itself as an early mover in sovereign-level stablecoin experimentation, signaling a shift in how emerging economies may approach cross-border payments in the coming years. Rather than relying solely on traditional banking rails or waiting for a fully launched central bank digital currency, authorities are testing an interim solution anchored to a US dollar stablecoin. Key Takeaways Pakistan is testing a USD-pegged stablecoin for cross-border payments. The project runs alongside, not instead of, a future digital rupee. The deal marks one of World Liberty’s first sovereign-level pilots. Rapid crypto adoption is raising regulatory and fiscal risk concerns. A parallel payments rail takes shape People familiar with the matter say Pakistan has entered into an agreement with an entity connected to World Liberty Financial to assess the use of its USD1 stablecoin for international payments. The project involves coordination with the State Bank of Pakistan and is designed to sit inside a regulated framework, rather than operate as an informal crypto workaround. The structure is deliberately additive. USD1 would complement Pakistan’s existing plans for a central bank digital currency instead of replacing them, offering a faster settlement option for cross-border flows while longer-term domestic systems are still being developed. An official announcement is expected during an upcoming visit to Islamabad by World Liberty’s chief executive, Zach Witkoff, though authorities have so far remained publicly silent. Why World Liberty is gaining traction For World Liberty Financial, the Pakistan initiative would be among its earliest known engagements with a national government. Launched in 2024, the firm has attracted attention due to its links to business interests associated with Donald Trump, at a time when US policy has become more permissive toward regulated stablecoins. That regulatory shift has already enabled USD1 to be used in large transactions. In one notable case,…
Filed under: News - @ January 15, 2026 12:26 am