what's SC Financial Technologies?
SC Financial Technologies is a Delaware-registered digital currency and payments firm closely affiliated with World Liberty Financial, a decentralized finance protocol. It co-owns the USD1 stablecoin, a dollar-pegged asset designed to facilitate regulated cross-border payments and integrate into national digital payment infrastructures under central bank oversight. The firm collaborates with governments and regulators to deploy stablecoins within compliant frameworks, enabling faster settlements and reduced costs for international transactions alongside local digital currencies.
SC Financial Technologies signed MOU with Pakistan to explore USD1 stablecoin for cross-border payments.
Signed a memorandum of understanding with Pakistan to explore use of the USD1 stablecoin for cross-border payments alongside Pakistan's planned central bank digital currency framework.