Pakistan Partners with Trump-Linked WLFI Firm to Explore Cross-Border Payments

Pakistan has entered a partnership with World Liberty Financial International (WLFI), a company associated with the Trump family, to investigate stablecoin payment solutions, according to a report by Reuters on Wednesday.

Key Takeaways

Pakistan has signed a partnership deal with WLFI, a firm tied to the Trump family, to explore stablecoin payment systems.
The agreement aims to integrate the USD1 stablecoin into Pakistan's digital payment infrastructure.
This collaboration follows a previous agreement focused on blockchain and decentralized finance growth.
The USD1 stablecoin has surpassed a $3.5 billion circulating supply and operates on various blockchains.
Pakistan is actively working to enhance its digital asset environment, having established a regulatory authority and planning to build a Bitcoin reserve.

Pakistan WLFI USD1

A source familiar with the deal revealed that both parties have finalized an agreement, marking a notable first in publicly recognized collaborations between a sovereign state and a cryptocurrency project.

Although details about Pakistan's partnership with SC Financial Technologies—an entity linked to World Liberty—have not yet been disclosed, further information is anticipated to be released by Pakistan following the visit of World Liberty CEO Zach Witkoff to Islamabad.

Pakistan's Focus on USD1 Stablecoin Integration

Under the terms of this agreement, WLFI and the State Bank of Pakistan will collaborate to incorporate the USD1 stablecoin into a digital payment system. This stablecoin will function within Pakistan’s existing cryptocurrency framework.

In April of the previous year, WLFI and the Pakistan Crypto Council had already signed a Letter of Intent (LOI) aimed at fostering blockchain adoption and promoting the growth of decentralized finance (DeFi). This earlier partnership was focused on increasing the utilization of stablecoins for remittances and international trade.

The present agreement is particularly timely, as the USD1 stablecoin has seen its circulating supply soar past $3.5 billion. It maintains a value pegged at $1 and operates across several blockchains, with a significant volume on the BNB Smart Chain.

Defillama

Moreover, the World Liberty initiative has sparked a notable rise in revenue for the Trump Organization in the first half of 2025. In a strategic move to further entrench its dollar-linked stablecoin within regulatory frameworks, the organization has sought a national banking charter in the United States.

Additionally, Pakistan has expedited its endeavors to formalize its digital asset landscape over the past year. The country has established the Pakistan Virtual Assets Regulatory Authority, enabling major exchanges such as Binance and HTX to operate within its borders. Furthermore, it has shown intentions to create a Bitcoin reserve.