Pakistan has entered an agreement with SC Financial Technologies, a firm linked to World Liberty Financial, to explore the use of its USD1 stablecoin for cross-border payments. The initiative would involve coordination with Pakistan’s central bank and integrate the stablecoin into the country’s developing digital payments framework.
The move marks one of the first known instances of a sovereign state engaging directly with a crypto venture connected to US President Donald Trump’s family. While financial terms were not disclosed, the arrangement is expected to focus on regulated use cases such as remittances and international settlements, operating alongside Pakistan’s broader digital currency infrastructure.
The deal aligns with Pakistan’s efforts to position itself as a regional crypto and fintech hub. Authorities have recently established a dedicated virtual assets regulator and approved multiple global exchanges, signaling growing institutional openness to blockchain-based payment systems.