Stablecoins enter the national payment system: Pakistan's USD1 cross-border payment cooperation implemented

【ChainNews】The internationalization of stablecoins has taken another step forward. According to the latest news, the Pakistani authorities have reached an agreement with the team behind the USD1 stablecoin on cross-border payment cooperation, planning to integrate its dollar stablecoin into the national digital payment infrastructure.

What does this mean? The Pakistan Central Bank will work closely with the team to officially incorporate the USD1 stablecoin into the regulated payment framework, enabling seamless collaboration with the local digital currency system. In other words, stablecoins are no longer just trading tools within exchanges but are truly entering the national financial system.

This central bank-level cooperation sends a signal: stablecoins are transforming from “innovations in the crypto space” into “practical solutions for cross-border payments.” Especially for emerging markets, USD stablecoins can effectively reduce foreign exchange costs and accelerate international trade settlements—issues that many countries have been exploring.

It is expected that this cooperation will be officially announced this month, which may attract more countries’ attention to the application potential of stablecoins in cross-border payments. From a technical perspective, this also validates the feasibility of blockchain payments in real-world scenarios.