# Pakistan Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Pakistan", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Outpacing PayPal and Breaking into the Top Five in Half a Year: Trump's Stablecoin 'Game of Thrones'

In just over six months, the Trump-affiliated stablecoin USD1, issued by World Liberty Financial (WLFI), has surpassed PayPal’s PYUSD in market capitalization, reaching $4.9 billion and entering the top five stablecoins. Its rapid growth stems from a strategic alliance with Binance, which launched high-yield incentive programs like "USD1 Booster" to drive liquidity and user adoption through subsidized returns and platform-wide integrations. USD1’s expansion extends beyond crypto markets. A memorandum with Pakistan’s central bank aims to integrate USD1 into cross-border payments, leveraging its low-cost efficiency for remittances. This move positions USD1 as a potential tool of "digital dollar hegemony," aligning with U.S. geopolitical interests. The project is deeply intertwined with Trump family influence and political networks. Key figures, including WLFI co-founder Eric Trump and Zach Witkoff, son of the U.S. envoy to Pakistan, facilitate these partnerships. The Trump family receives 75% of net profits from USD1 operations, raising concerns about conflicts of interest. Regulatory leniency under the Trump administration has benefited USD1 backers: the SEC dropped cases against Binance and others after significant investments in WLFI. However, USD1 faces risks due to opaque reserve management, delayed audits, and over-reliance on Binance for liquidity. Its stability is heavily tied to Trump’s political standing, making it vulnerable to future regulatory or political shifts.

marsbit01/28 02:32

Outpacing PayPal and Breaking into the Top Five in Half a Year: Trump's Stablecoin 'Game of Thrones'

marsbit01/28 02:32

Pakistan, from 'Iron Brother' to 'On-Chain Iron'?

Pakistan is strategically embracing cryptocurrency and blockchain technology as a key part of its economic transformation. In December 2025, the Pakistan Virtual Asset Regulatory Authority (PVARA) granted No Objection Certificates (NOCs) to two major global crypto exchanges, signaling a significant regulatory shift. With over 40 million digital asset users and an estimated annual trading volume exceeding $300 billion, Pakistan ranks third globally in crypto adoption. The country’s crypto growth has been largely grassroots-driven, fueled by high smartphone penetration (over 70%), a young population, and significant overseas remittances—over $30 billion annually—which can be processed faster and cheaper via cryptocurrencies like USDT. Pakistan’s geographic location also positions it as a potential hub for digital asset flows in South and Central Asia. Under the new regulatory framework, Pakistan is exploring a $2 billion national asset tokenization initiative, aiming to digitize sovereign bonds, treasury bills, and commodities like oil and gas to enhance transparency and attract foreign investment. This initiative aligns with broader efforts to formalize and monetize the country’s growing crypto economy while mitigating risks like fraud and money laundering. The move reflects a strategic pivot from informal adoption to state-sanctioned experimentation, positioning Pakistan as an emerging player in the global digital economy and a case study for other developing nations facing similar economic challenges.

深潮12/15 08:07

Pakistan, from 'Iron Brother' to 'On-Chain Iron'?

深潮12/15 08:07

Mars Daily | Pakistan Signs MoU with Binance to Explore Tokenization of Up to $2 Billion in Assets

Pakistan has signed a Memorandum of Understanding (MoU) with Binance to explore tokenizing up to $2 billion in sovereign bonds, treasury bills, and commodity reserves. The initiative aims to enhance liquidity and attract international investment. Additionally, Pakistani regulators have granted preliminary approval to Binance and HTX to begin local registration and prepare for full exchange licensing. In other news, an on-chain analyst reported that a major Bitcoin whale has increased its leveraged long positions to $540 million in ETH, with total long positions in BTC, ETH, and SOL exceeding $620 million. The whale is currently facing significant unrealized losses. Meanwhile, the Crypto Fear & Greed Index has dropped to 23, re-entering the "Extreme Fear" zone. In corporate developments, Coinbase is reportedly preparing to launch an internal prediction market, initially operated exclusively by Kalshi, and has added Lighter (LIGHTER) to its listing roadmap. Tether has made a binding all-cash offer to acquire a 65.4% stake in Juventus Football Club and plans to invest €1 billion in the club if the deal proceeds. Separately, Nasdaq has received expanded authority to reject IPO applications deemed at risk of market manipulation. Oracle shares fell after announcing a delay in its data center construction timeline, attributed to labor and material shortages.

marsbit12/13 01:33

Mars Daily | Pakistan Signs MoU with Binance to Explore Tokenization of Up to $2 Billion in Assets

marsbit12/13 01:33

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