Pakistan Courts Binance to Tokenise $2B in State Assets and Launch Stablecoin

°Pakistan signed a Memorandum of Understanding (MOU) with Binance to explore the tokenisation of up to $2 billion of government assets, including sovereign bonds, treasury bills, and commodity reserves.

°The finance ministry intends for the plan to test whether blockchain-based distribution of these real-world assets RWAs can boost liquidity, transparency, and access for international investors.

°Pakistan’s regulator also granted initial clearances to Binance and HTX to begin registering and setting up local subsidiaries.