Last updated on January 31st, 2026 at 01:59 am
Quick Breakdown
- Pakistan is exploring the use of World Liberty’s USD1 stablecoin for cross-border payments
- The deal would mark a rare sovereign partnership with a Trump-linked crypto venture
- The move supports Pakistan’s ambition to become a global crypto and digital finance hub
Pakistan has reportedly entered an agreement with a company connected to World Liberty Financial to explore the use of its dollar-pegged stablecoin for cross-border payments.
World Liberty Financial signs an MoU with Pakistan’s Ministry of Finance to explore innovations in digital finance — WLF is run by the son of Trump aide Steve Witkoff. pic.twitter.com/nbGdxhbdDp
— Hamza Azhar Salam (@HamzaAzhrSalam) January 14, 2026
According to a Reuters report published Wednesday, the agreement involves SC Financial Technologies, a little-known firm linked to World Liberty Financial. The move marks one of the first publicly known instances of a Trump-affiliated crypto project partnering with a sovereign state.
Under the arrangement, World Liberty Financial is expected to work with Pakistan’s central bank to integrate its USD1 stablecoin into a regulated digital payments framework. The initiative could support international transactions such as remittances while operating alongside Pakistan’s developing digital currency infrastructure.
While the exact terms of the deal remain undisclosed, the report noted that little public information is currently available about SC Financial Technologies.
Official announcement expected during Witkoff’s Islamabad visit
Pakistan is expected to formally unveil the partnership later on Wednesday during a visit by World Liberty Financial’s chief executive, Zach Witkoff, to Islamabad, according to a source cited by Reuters.
World Liberty Financial has already drawn attention for its involvement in major crypto transactions. In May last year, Abu Dhabi-based state investment firm MGX used the firm’s USD1 stablecoin to facilitate a $2 billion equity investment in Binance, the world’s largest cryptocurrency exchange.
Earlier this week, World Liberty also launched World Liberty Markets, an onchain lending and borrowing platform built around its USD1 stablecoin and WLFI governance token. The platform allows users to post crypto assets such as Ether, tokenized Bitcoin and leading stablecoins as collateral.
Pakistan steps up bid to become a global crypto hub
The reported agreement aligns with Pakistan’s broader push to position itself as a global hub for digital assets.
In recent months, the country has taken steps to formalize its crypto ecosystem, including setting up the Pakistan Virtual Assets Regulatory Authority, allowing major exchanges such as Binance and HTX to operate locally, building a Bitcoin reserve and exploring real-world asset tokenization to attract foreign capital and improve liquidity.
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