Trump Family-Backed Crypto Platform Partners With Pakistan To ‘Explore’ Stablecoin Payments

Pakistan’s government said Wednesday it’s partnering with World Liberty Financial (CRYPTO: WLFI), a decentralized platform affiliated with President Donald Trump’s family, to “explore” stablecoins for cross-border transactions.

Pakistan To Use Dollar Stablecoins For Payments?

The Pakistan Virtual Assets Regulatory Authority announced in an X post that World Liberty Financial has signed a Memorandum of Understanding with the Ministry of Finance.

The agreement aims to explore “innovation in digital finance”, specifically the use of stablecoins for cross-border transactions.

Zach Witkoff, co-founder and CEO of World Liberty Financial, visited Pakistan and met with the country’s leadership, including Prime Minister Shehbaz Sharif.

Full story available on Benzinga.com