Pakistan has taken a notable step into the world of digital finance.
The memorandum of understanding aims to explore how World Liberty’s USD1 stablecoin could integrate with Pakistan’s digital payment systems. This enable faster, more efficient cross-border payments while staying aligned with regulation. This deal is one of the first public collaborations between World Liberty and a sovereign state.
Under the agreement, SC Financial Technologies will work with Pakistan’s central bank to incorporate the stablecoin into a regulated payments framework. A stablecoin is a digital currency pegged to a stable asset, such as the U.S. dollar, and is designed to reduce volatility common in cryptocurrencies. By integrating the USD1 token into Pakistan’s financial system, the country hopes to facilitate cross-border settlements and foreign exchange transactions more efficiently. According to a source involved in the deal, this integration would allow the stablecoin to operate alongside Pakistan’s existing digital currency infrastructure. It will provide businesses and consumers with a seamless, compliant payment option.
A real-world example of this kind of innovation can be seen in Singapore, where DBS Bank launched its stablecoin-backed cross-border payments pilot. The project cut settlement times from days to minutes while maintaining strict regulatory compliance. Similarly, Pakistan’s exploration with World Liberty could help streamline remittances from abroad. This is a critical source of income for many households, which totaled over 36 billion dollars in 2025 according to the State Bank of Pakistan.
Zach Witkoff, CEO of SC Financial Technologies and co-founder of World Liberty, met with senior Pakistani stakeholders during his visit. They discussed digital payment infrastructure and foreign exchange processes. Finance Minister Muhammad Aurangzeb emphasized the importance of engaging credible global players and ensuring that innovation aligns with national stability and regulatory requirements. The collaboration reflects a broader trend of governments testing digital assets and stablecoins to modernize payment systems while balancing oversight and security.
Ingenico, a global leader in payment acceptance and services, has announced a partnership with WalletConnect Pay to enable stablecoin payments directly at checkout. This integration allows merchants to accept supported stablecoins, giving customers more payment options and convenience when making purchases.
Shoppers can use USDC across Polygon, Base, Arbitrum, Ethereum Mainnet, and other EVM-compatible networks. With additional chains planned in the future. Payments can be completed using any WalletConnect-compatible mobile wallet that holds a supported stablecoin balance, including popular wallets such as MetaMask, Trust Wallet, Safe, and others, providing a seamless bridge between digital assets and everyday commerce.
The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.
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Reuters reported that Pakistan has signed an agreement with a company affiliated with World Liberty Financial (WLF) to work with the State Bank of Pakistan on integrating WLF’s USD1 stablecoin into the country’s regulated digital payments framework, allowing it to operate Show more
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