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Pakistan's official actions are frequent. According to the latest report from Reuters, Pakistan has reached an agreement with an affiliated company of World Liberty Financial and is preparing for in-depth cooperation with the Pakistan Central Bank. What is the core focus? It is to incorporate the USD1 stablecoin into the national digital payment system, allowing it to operate alongside Pakistan's local digital currency infrastructure.
What does this mean? The most direct application scenario is cross-border payments. Imagine, the previously cumbersome international remittance process can now achieve more efficient circulation by integrating stablecoins within the central bank framework. For countries like Pakistan, this signals an official embrace of stablecoin applications at the mainstream level.