Pakistan’s Ministry of Finance has signed a memorandum of understanding (MoU) with SC Financial Technologies, an affiliate of World Liberty Financial (WLF) — the cryptocurrency venture connected to the family of U.S. President Donald Trump — to explore integrating a dollar-pegged stablecoin (USD1) into the country’s digital payment and cross-border remittance systems.
The agreement, signed on Jan. 14, 2026, is part of Pakistan’s broader push to modernize its financial infrastructure and improve remittance efficiency, potentially allowing the stablecoin to operate alongside Pakistan’s central bank digital currency framework.
Under the MoU, SC Financial Technologies and Pakistan’s central bank will jointly assess how the USD1 stablecoincan support regulated payments and international transfers. The move comes amid efforts to reduce reliance on cash and lower transaction costs for foreign exchange inflows, including remittances that are a major source of foreign currency for Pakistan. It also reflects warming economic dialogue between Pakistan and U.S. stakeholders.
“Our focus is to stay ahead of the curve by engaging with credible global players, understanding new financial models, and ensuring that innovation, where explored, is aligned with regulation, stability, and national interest,” said Pakistan Finance Minister Muhammad Aurangzeb, highlighting the government’s intent to balance innovation with oversight as it tests stablecoin-powered remittances and payment
