Pakistan's central bank is entering partnership talks on a USD-pegged stablecoin project aimed at modernizing the country's digital payment infrastructure. The initiative focuses on regulated digital payments, signaling growing institutional interest in blockchain-based settlement systems. This move reflects broader momentum in emerging markets exploring central bank-backed stablecoins to improve cross-border transactions and financial inclusion. The project underscores how stablecoins continue bridging traditional finance and crypto ecosystems, particularly when backed by regulatory frameworks and government cooperation.