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Pakistan explores stablecoin cross-border payments, World Liberty Financial signs sovereign nation cooperation agreement
【Blockchain Rhythm】Breaking news: The Pakistani authorities have just finalized an agreement with an affiliated company under World Liberty Financial, planning to use stablecoins for cross-border payments. What’s the background? World Liberty Financial is a crypto financial platform launched in September 2024, backed by capital support from the United States. The reason this cooperation has attracted attention is mainly because—this is the first time a sovereign country has officially incorporated stablecoins into cross-border settlement exploration. From a technical perspective, using stablecoins for cross-border payments can bypass the inefficiencies of traditional clearing and settlement processes and reduce foreign exchange costs. Pakistan’s move reflects a quiet shift in the global attitude towards crypto financial infrastructure. Moving forward, we should pay attention to the actual implementation progress of World Liberty in cross-border payments—this could become an important case for stablecoin application from theory to practice.