What Pakistan Can Gain (If It Stays Sane)
Let’s be fair: this can still be a win.
✅ Lower remittance costs
Less middlemen, better settlement efficiency.
✅ Faster cross-border payments for business
Improved speed can reduce working-capital lockups.
✅ Better audit trails (if designed right)
Digital settlement can reduce informal leakages — if compliance is enforced.
✅ A regulatory forcing function
MoUs can be garbage — but they can also force Pakistan to define:
-
custody rules
-
licensing
-
reserve transparency standards
-
consumer safeguards
-
enforcement authority
That’s the real prize: rules, not vibes.
What Can Go Wrong (And It Will Hurt)
❌ 1) Reserve opacity
If reserves can’t be independently verified and redeemed, “stable” becomes marketing.
❌ 2) Retail gets baited too early
If this turns into “Pakistani public adoption” before controlled pilots, you’ll get:
-
influencers
-
fake wallets
-
“investment opportunities”
-
and a national PR disaster.
❌ 3) Reputation risk and compliance backlash
Pakistan cannot afford another narrative of weak controls.
Big Tech thrives on “trust.” Pakistan cannot run “trust me bro” economics.
The Correct Way To Do This (Non-Negotiables)
If Pakistan is serious, it must publish and enforce these:
