Pakistan has signed a letter of intent with World Liberty Financial (WLF), a crypto firm largely owned by the Trump family, to accelerate blockchain adoption in the country. The agreement, signed with the Pakistan Crypto Council (PCC), aims to integrate stablecoins and decentralized finance (DeFi) solutions into Pakistan’s financial ecosystem.
The partnership is expected to establish regulatory sandboxes to test blockchain-based financial products, including stablecoin applications for remittances and trade. Pakistan ranks ninth globally in crypto adoption, with 25 million active users and $300 billion in annual transactions, making it a key player in the digital finance space.
Political and Economic Implications
The deal comes amid rising geopolitical tensions, as Pakistan seeks to strengthen its digital economy while navigating international scrutiny. The Trump-backed firm holds over $103 million in crypto assets, with a significant stake in stablecoin development.
Pakistan’s Federal Investigation Agency has proposed a regulatory framework to prevent money laundering and terrorism financing, aiming for full implementation by 2026. The partnership with WLF signals Pakistan’s commitment to blockchain innovation while balancing regulatory concerns.
The agreement has sparked debate over the influence of U.S. crypto firms in emerging markets. Experts suggest that Pakistan’s approach could serve as a model for other developing nations looking to integrate blockchain technology.
Shogun Lin
