Pakistan partners with Trump-backed World Liberty Financial on stablecoin payments

Pakistan has signed an agreement with World Liberty Financial, the cryptocurrency venture backed by President Donald Trump, to pilot cross-border payments using the company’s USD1 stablecoin.

The partnership, announced Wednesday, will involve Pakistan’s central bank testing the stablecoin for international remittances and transfers—marking one of the first formal collaborations between a Trump-associated crypto firm and a sovereign government.

The SC Financial Technologies, while little known is linked to World Liberty Financial making this one of the first publicly recognized collaborations between a Trump associated crypto venture and a sovereign state to advance cross-border stablecoin payments.

Under the agreement, World Liberty Financial will work closely with Pakistan’s central bank to integrate its USD1 stablecoin into a regulated framework thereby enabling cross-border stablecoin payments alongside Pakistan’s emerging digital currency infrastructure.

This initiative could streamline international transactions and support remittances as it highlights Pakistan’s commitment to becoming a hub for cross-border stablecoin payments.

Specific details of the agreement remain undisclosed and limited information is available about SC Financial Technologies.

However, the move signals a growing interest in cross-border stablecoin payments solutions that combine regulatory oversight with digital innovation.

Pakistan is expected to formally announce the partnership during a visit by World Liberty CEO Zach Witkoff to Islamabad later on Wednesday.

The collaboration underscores the country’s ambition to integrate cross-border stablecoin payments into its financial ecosystem while exploring global crypto opportunities.

World Liberty has previously gained attention for its role in significant transactions.

In May last year, MGX, a state backed investment company from Abu Dhabi used World Liberty’s stablecoin for the $2 billion purchase of an equity stake in Binance this demonstrated the token’s potential in facilitating cross-border stablecoin payments on a large scale.

Earlier this week, World Liberty launched World Liberty Markets, a new on-chain lending and borrowing platform built around its USD1 stablecoin and WLFI governance token further reinforcing the company’s focus on enabling efficient cross-border stablecoin payments.

The platform allows users to post crypto collateral such as Ether, tokenized Bitcoin, and other major stablecoins.

As Pakistan advances its digital finance strategy, this partnership signals a concrete step toward becoming a global hub for cross-border stablecoin payments, showcasing the country’s readiness to embrace regulated, digital first financial solutions.