Pakistan, April 24 -- A strategic MoU has been signed between Stacks and the Bank of Punjab, marking a key step toward transforming Pakistan's remittance landscape and advancing its digital financial ecosystem.

Muneeb Ali (Co-founder. Stacks) and Zafar Masud (President & CEO, BOP) formalized the partnership through the MoU signing. By combining Stacks' technology with BOP's banking expertise, the collaboration aims to deliver faster, secure, and transparent cross-border payments-enhancing accessibility and convenience for overseas Pakistanis As part of this initiative, we will undertake a pilot transaction to explore the use of stablecoins for remittance, assessing how blockchain-based solutions can improve speed, reduce costs, and incre...