Pakistan Partners with Trump-Linked Firm for Stablecoin Cross-Border Payments

Pakistan has signed a memorandum of understanding with SC Financial Technologies to leverage the USD1 stablecoin for cross-border payments.

  • This agreement marks the first public collaboration between World Liberty’s ecosystem and a sovereign state.
  • The focus is on integrating the USD1 stablecoin into Pakistan's regulated payment framework, aiming for faster settlements and reduced transfer costs under central bank oversight.
  • The deal enhances Pakistan's relationship with World Liberty Financial, which began exploring blockchain use in April 2025 through the Pakistan Crypto Council.

Zach Witkoff, CEO of both World Liberty and SC Financial Technologies, recently discussed digital payments and infrastructure design with Pakistani officials.

Pakistan’s Digital Finance Progress

  • In 2025, Pakistan confirmed plans for a pilot digital currency and is finalizing virtual asset regulations to modernize its payment systems.
  • Major crypto exchanges, such as Binance, received preliminary approvals to register locally.
  • The finance ministry also partnered with Binance to explore tokenizing up to $2 billion in government assets to enhance liquidity.