Donald Trump’s family-linked cryptocurrency venture has made a notable entry into South Asia, with Pakistan now joining its network through a new partnership. World Liberty Financial, a crypto-focused platform associated with the Trump family, has teamed up with Pakistan to explore the use of its USD1 stablecoin for cross-border transactions. The move comes amid improving diplomatic and economic ties between Islamabad and Washington.
According to Reuters, the agreement aims to assess how World Liberty’s stablecoin could facilitate international payments. This is among the first publicly disclosed collaborations between World Liberty, launched in September 2024, and a national government, highlighting the platform’s ambitions to operate at a sovereign level.
Under the deal, World Liberty Financial will work with Pakistan’s central bank to integrate its USD1 stablecoin into a regulated digital payments ecosystem. The stablecoin would operate alongside Pakistan’s existing digital currency infrastructure, supporting the country’s broader efforts to modernise its financial systems and strengthen oversight in the rapidly evolving digital asset space. Details about SC Financial Technologies, a lesser-known company linked to World Liberty and involved in the agreement, remain limited. The partnership is expected to be officially unveiled during a visit to Islamabad by World Liberty CEO Zach Witkoff.
The initiative aligns with Pakistan’s ongoing drive to reduce reliance on cash-based transactions and improve cross-border payment mechanisms. Remittances are a key source of foreign exchange for the country, and digital payment solutions are seen as critical to enhancing efficiency. In July 2025, Pakistan’s central bank announced preparations for a digital currency pilot and the finalisation of legislation governing virtual assets.
Stablecoins, which are digital assets pegged to the US dollar, have gained popularity due to their relative stability compared to other cryptocurrencies. Governments worldwide are exploring ways to integrate these tokens into payment systems while maintaining regulatory oversight.
The United States, under President Donald Trump, introduced federal regulations widely viewed as supportive of the cryptocurrency sector. This environment has spurred international interest in stablecoins as tools for payments and financial integration.
World Liberty has reportedly contributed to a rise in revenues for the Trump Organisation, including income from overseas operations in the first half of last year. In a high-profile case, Abu Dhabi-based investment firm MGX used the World Liberty stablecoin in May 2024 to acquire a $2 billion equity stake in Binance, the world’s largest cryptocurrency exchange.
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