Pakistan has reached a memorandum of understanding with a USD-pegged stablecoin project to jointly explore application prospects in cross-border payments, international remittances, and trade settlement. The stablecoin project currently has a circulation volume of over $3.4 billion and supports deployment on multiple public blockchains. This is the world's first public cooperation agreement signed between a sovereign country and a crypto project, marking a significant step forward in the exploration of digital asset applications at the national level. Although still in the early stages, this move provides a new approach for the compliant use of stablecoins in the field of cross-border payments.