Exclusive-Pakistan to partner with World Liberty Financial on dollar-linked stablecoin, source says

Group 1 - Pakistan has signed an agreement with a firm connected to World Liberty Financial to explore the use of its stablecoin for cross-border payments [1][2] - This deal marks one of the first publicly announced partnerships between a crypto-based finance platform and a sovereign state, coinciding with improved relations between Pakistan and the United States [2] - World Liberty Financial will collaborate with Pakistan's central bank to integrate its USD1 stablecoin into a regulated digital payments structure, allowing it to function alongside Pakistan's existing digital currency infrastructure [2][3] Group 2 - The value of stablecoins, which are digital tokens typically pegged to the dollar, has significantly increased in recent years, with the U.S. introducing federal rules favorable to the sector [4] - The Trump Organization has seen a notable increase in income from World Liberty, including a $2 billion equity stake in Binance purchased by a state-controlled Abu Dhabi investment company using the stablecoin [5] - Pakistan is actively exploring digital currency projects to reduce cash usage and enhance cross-border payments, with plans for a pilot digital currency and legislation to regulate virtual assets [6]