Trump's World Liberty Financial partners with Pakistan Crypto Council to advance Blockchain and DeFi as Pakistan prepares crypto legalization

World Liberty Financial (WLF), a decentralized finance platform backed by former U.S. President Donald Trump and his family, has signed a Letter of Intent with the Pakistan Crypto Council (PCC) to promote blockchain adoption, stablecoin use and DeFi integration in Pakistan. According to Pakistan’s Ministry of Finance, a WLF delegation including executives Zachary Folkman, Zachary Witkoff and Chase Herro met senior Pakistani leadership—among them the prime minister, army chief, deputy prime minister and key ministers—to formalize cooperation aimed at expanding digital finance infrastructure. This partnership is framed as part of a broader strategy to position Pakistan as a regional hub for digital assets and blockchain-based financial services as the country moves toward legalizing and regulating cryptocurrencies. The WLF–PCC agreement sits within a wider, politically sensitive context: Pakistan has also signed a non‑binding deal allowing exploration of WLF’s dollar‑pegged stablecoin, USD1, for cross‑border payments and remittances, one of the first such tie‑ups between a sovereign state and the Trump‑linked platform. WLF, founded in 2024, is a business venture in which the Trump family receives a large share of token sale proceeds and stablecoin profits, and has already generated substantial earnings for them. The Pakistan partnership therefore raises issues that go beyond technology, including questions about conflicts of interest, the use of Trump‑connected crypto infrastructure in a fragile emerging market, and how Pakistan’s evolving crypto legalization and regulatory framework will manage risks around financial stability, consumer protection and geopolitical influence.

✨ AI-generated background, compiled from web sources — not editorial content.

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