Trump’s World Liberty Financial (WLF) has signed a Letter of Intent (LOI) with the Pakistan Crypto Council (PCC) in Islamabad to support blockchain development, stablecoin adoption, and decentralized finance (DeFi) across Pakistan.
This agreement marks one of the most significant partnerships between a US-based crypto platform and Pakistan’s emerging blockchain market.
Major Crypto Partnership Takes Shape
The signing event brought together a high-profile delegation from WLF, including Zachary Folkman, Zachary Witkoff, the son of US Special Envoy Steve Witkoff, and Chase Herro. They met with Pakistan’s Prime Minister, Chief of Army Staff, Deputy Prime Minister, Minister of Information, and Minister of Defense. Every discussion aimed at creating a clear path to integrate cryptocurrency technologies into Pakistan’s financial and governmental systems.
The LOI was formally signed with Pakistan’s Finance Minister Muhammad Aurangzeb, PCC CEO Bilal Bin Saqib, the Governor of the State Bank of Pakistan, the Chairman of the Securities and Exchange Commission of Pakistan (SECP), and the Federal Secretary for IT. The agreement outlines cooperation on establishing regulatory sandboxes to test blockchain products while minimizing risks. WLF and Pakistan also agreed to promote responsible DeFi protocol growth within the country.
Expanding Blockchain and Stablecoin Initiatives
A major focus of the agreement is the tokenization of real-world assets like real estate and commodities. Both sides plan to expand the use of stablecoins for remittances and trade, crucial sectors in Pakistan’s economy. WLF has also committed to providing advisory services for blockchain infrastructure development and updating Pakistani authorities on evolving global crypto regulations.
The collaboration highlights Pakistan’s strategic focus on its youthful population and growing technological landscape. Around 64 percent of Pakistan’s citizens are under 30 years old, and the country ranks among the top nations for crypto adoption. With approximately 25 million crypto users and $300 billion in annual crypto transactions, Pakistan presents a strong market for blockchain expansion.
Growing momentum for Blockchain in Pakistan
Pakistan’s mobile usage continues to climb, and freelancing is becoming an important source of income for many citizens. The government has shown strong interest in shifting the economy toward blockchain-based solutions to modernize financial systems and attract foreign investment.
Finance Minister Muhammad Aurangzeb emphasized the importance of the country’s youth and tech sector, describing them as key drivers of innovation and global leadership. PCC CEO Bilal Bin Saqib called the partnership a strategic step toward empowering Pakistan’s young population and connecting the country with the future of international finance.