ISLAMABAD: Pakistan on Wednesday signed a memorandum of understanding (MoU) with an affiliated entity of World Liberty Financial, a venture linked to the Trump family, to explore the use of its $1 stablecoin for cross-border transactions.

The MoU, described as non-binding, was signed by Finance Minister Muhammad Aurangzeb and Zachary Witkoff, son of White House envoy Steve Witkoff and chief executive officer of SC Financial Technologies LLC, an entity associated with World Liberty Financial.

The high-profile signing ceremony h

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