Pakistan is Eyeing Trump’s WLFI for a Stablecoin Payments Deal

• Pakistan and World Liberty Financial have signed a deal to integrate the USD1 stablecoin into the national payment framework.
• The CEO of World Liberty recently visited Islamabad to finalise this partnership with the State Bank of Pakistan.
• The agreement aims to modernise cross-border remittances and reduce the country’s reliance on physical cash.

Pakistan just took a massive step toward becoming a digital finance giant. The government officially signed an agreement with SC Financial Technologies to look into using a USD1 stablecoin for national and international payments. 

This company has direct links to Trump-backed World Liberty Financial, and this partnership stands as one of the first times a sovereign nation has teamed up with a Trump-linked crypto entity.

Integrating the USD1 Stablecoin Into National Payments

The State Bank of Pakistan is reportedly planning to use this technology to upgrade its digital projects. 

It hopes that by adding the USD1 stablecoin to its framework, the Pakistani central bank can test how blockchain works for everyday transactions. This move helps the government build a modern method that operates outside traditional banking. 

Officials believe that this will make the local economy faster and more transparent.

Historic moment: WLFI has officially signed an MOU with Pakistan 🇵🇰x🦅

It was an incredible experience meeting with the Pakistan Crypto Council and the leaders shaping the future of crypto.

We’re proud to be building with Pakistan to drive innovation forward.

This is just the… pic.twitter.com/SY1OB1CALu

— WLFI (@worldlibertyfi) April 28, 2025

Authorities chose the USD1 stablecoin because it is pegged to the US dollar. This stability is important, especially for a country that is facing high inflation. 

If the new stablecoin payment rail becomes a reality, businesses will be able to trade with more confidence. The central bank itself will also have a tool to manage liquidity better.

Boosting Remittances via USD1

Remittances are the lifeblood of the Pakistani economy. This is the case because millions of citizens working abroad send billions of dollars back home every year. 

Traditional bank transfers are often slow and expensive, and adding USD1 into the payment system could drastically lower these costs. It would also allow families to receive funds almost instantly without having to pay high middleman fees.

The agreement with SC Financial Technologies focuses heavily on these cross-border flows and by using a blockchain-based token, the government can track money better while speeding up the settlement process. 

This is expected to bring more foreign exchange into the country through official channels. It also reduces the need for citizens to use unregulated money transfer methods

Pakistan Pursues Strategic Crypto Hub Status.

This deal is part of a much larger plan to improve the financial system of the nation. 

Recently, the government established the Pakistan Virtual Assets Regulatory Authority. They also permitted major platforms like Binance and HTX to work legally within their borders. 

These steps show a clear desire to move away from the harsh policies of the past.

The Prime Minister even appointed Bilal Bin Saqib as a special assistant for blockchain and cryptocurrency. This high-level focus makes sure that projects involving the USD1 stablecoin receive the necessary political support. 

Pakistan also recently announced a state-backed Strategic Bitcoin Reserve, and they plan to use their surplus electricity to power mining operations and AI data centres. 

Strengthening Economic Ties With International Partners

The timing of this announcement is important because of how diplomatic relations between Pakistan and the United States seem to be growing warmer. 

Partnering with WLFI creates a bridge between the two nations, and since World Liberty has already handled billion-dollar deals in the Middle East, Pakistan is joining an elite group of users.

Last year, an investment firm in Abu Dhabi used the same USD1 stablecoin to buy a huge stake in Binance. 

This track record gives the Pakistani government confidence in the technology. The deal was formally announced during a high-profile visit by Zach Witkoff to Islamabad, and his presence shows the importance of this move for both the Trump family business and the Pakistani state.