2026-01-17 16:39:18

Pakistan is moving forward with a strategic collaboration to develop a U.S. dollar-backed stablecoin designed to enhance cross-border payment efficiency and remittance flows. This initiative targets the streamlining of international fund transfers, addressing a key pain point in global financial infrastructure. The partnership reflects growing institutional interest in blockchain-based solutions for traditional financial challenges, particularly around payment settlement and remittance corridors where speed and cost efficiency matter most.

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ChainChef

· 01-20 12:01

ah okay so pakistan's finally plating up their stablecoin dish... remittance flows been simmering too long in traditional finance anyway. usd-backed tho? feels like they're playing it safe w/ the seasoning, no real alpha in the recipe tbh

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WenMoon42

· 01-20 05:45

Pakistan launching a stablecoin? Will this really reduce remittance costs? --- Another USD stablecoin project, claiming to improve cross-border payment efficiency, but whether it will actually succeed remains to be seen. --- Remittance corridors are indeed a pain point. If they can truly solve the fee issue, that would be amazing. --- Institutions are entering the blockchain space, traditional finance can't just stick to old methods anymore. --- Pakistan's move is clever, seizing the big opportunity in remittance.

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ChainWanderingPoet

· 01-19 06:50

Pakistan is working on a stablecoin, finally someone is going to solve the longstanding problem of remittances.

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LiquidationHunter

· 01-17 17:07

Is Pakistan developing a stablecoin? Finally, someone has thought of solving the remittance problem. --- Another USD-pegged stablecoin is coming. Can it beat inflation this time? --- The remittance corridor is indeed a bottleneck, but actual implementation is another matter. --- Institutional interest is growing, but it all feels like just on paper. --- Cross-border payments should be handled on-chain; traditional finance really should step back. --- With so many stablecoins, can Pakistan's stablecoin become popular? --- Everywhere in the text, it's all about efficiency, but how much can costs actually be reduced?

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ProofOfNothing

· 01-17 17:07

Is Pakistan working on a stablecoin? Remittances really need to be improved, but can backing with the US dollar work?

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FlatlineTrader