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Pakistan to Test Dollar-Pegged Stablecoin for Cross-Border Payments

Pakistan has announced a new agreement that combines digital finance and diplomacy. This comes at a time when its relationship with the United States is showing signs of improvement. Pakistan has signed an agreement with a company connected to World Liberty Financial, a crypto finance platform linked to the family of US President Donald Trump. The agreement will explore the use of a dollar-pegged stablecoin for cross-border payments including remittances.

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