{"id":67834,"date":"2026-01-15T08:01:40","date_gmt":"2026-01-15T08:01:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=67834"},"modified":"2026-01-15T08:01:40","modified_gmt":"2026-01-15T08:01:40","slug":"pakistan-partners-with-wlfi-linked-company-for-usd1-stablecoin-payments","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=67834","title":{"rendered":"Pakistan Partners With WLFI-Linked Company For USD1 Stablecoin Payments"},"content":{"rendered":"
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Pakistan has partnered with a company affiliated with Trump-linked World Liberty Financial (WLFI) to explore innovation in digital finance and the use of stablecoins for cross-border transactions.<\/p>\n

Pakistan To Explore USD1 For Cross-Border Payments<\/h2>\n

On Wednesday, Pakistan announced it had signed a memorandum of understanding (MoU) with a crypto firm linked to the Trump Family\u2019s main crypto business, World Liberty Financial.<\/p>\n

According to a report<\/a> by Reuters, the Pakistan Virtual Asset Regulatory Authority (PVARA) entered an agreement with SC Financial Technologies, a firm described as an affiliated entity of WLFI, to explore the use of its USD1 stablecoin for cross-border payments.<\/p>\n

The memorandum is set to enable \u201cdialogue and technical understanding around emerging digital payment architectures,\u201d and was announced during WLFI founder and CEO Zach Witkoff\u2019s visit to Pakistan.<\/p>\n

Notably, Witkoff is also the CEO of SC Financial Technologies, which co-owns the USD1 stablecoin brand alongside World Liberty Financial, according to documentation on the stablecoin\u2019s reserves reviewed by the news media outlet.<\/p>\n

Under the agreement, the WLFI-linked company<\/a> will collaborate with Pakistan\u2019s central bank to integrate its USD 1 stablecoin into a regulated digital payments structure. A source involved in the deal detailed that this would allow the token to operate alongside Pakistan\u2019s own digital currency infrastructure.<\/p>\n

It\u2019s worth noting that PVARA officials have previously affirmed<\/a> that the country will launch a national stablecoin as part of its strategy to modernize payments and support tokenized debt. Additionally, the central bank is developing a pilot for a central bank digital currency (CBDC).<\/p>\n

\u201cOur focus is to stay ahead of the curve by engaging with credible global players, understanding new financial models, and ensuring that innovation, where explored, is aligned with regulation, stability, and national interest,\u201d said Pakistan\u2019s Finance Minister Muhammad Aurangzeb.<\/p>\n

WLFI Faces New Conflict Of Interest Concerns<\/h2>\n

The news comes as WLFI faces some scrutiny in the US. On Tuesday, US Senator Elizabeth Warren sent<\/a> a letter to Comptroller of the Currency (OCC), Jonathan Gould, pressing the agency to halt its review of the bank charter application submitted by the Trump-linked company.<\/p>\n

On January 7, World Liberty Financial applied<\/a> with the OCC to operate as a national trust bank purpose-built for stablecoin services in the US. The move is intended to facilitate the issuance of WLFI\u2019s USD1 stablecoin. Moreover, it would allow the crypto company to provide custodial banking services and gain access to national payment networks under the OCC\u2019s supervision.<\/p>\n

The democratic senator cited fears she expressed<\/a> in July, when she told newly appointed Jonathan Gould that \u201cthe OCC may soon be in the position where it has to review a stablecoin issuer application submitted by a company directly tied to President Trump and his family and to draft regulations that clearly influence the President\u2019s finances.\u201d<\/p>\n

Unlike most of his predecessors, President Trump has not put his crypto ventures in a trust managed by an independent party, an October investigation<\/a> stated, pointing out that instead, most of his businesses are owned by a revocable trust, of which he is the sole beneficiary, and managed by his son Donald Trump Jr.<\/p>\n

According to the Tuesday letter, Warren\u2019s concerns have gone from being \u201chypothetical,\u201d as Gould reportedly called them, to being a reality. The senator argued that if the application is approved, the OCC would promulgate rules that \u201cinfluence the profitability of the President\u2019s company\u201d and would also be responsible for \u201cdirectly supervising and enforcing the law against the President\u2019s company\u2014and its competitors.\u201d<\/p>\n

Therefore, Warren requested that the OCC delay World Liberty Financial\u2019s review until US President Donald Trump divests and eliminates all financial conflicts of interest involving himself or his family members and the company.<\/p>\n

\"WLFI,<\/div>\n","protected":false},"excerpt":{"rendered":"

Pakistan has partnered with a company affiliated with Trump-linked World Liberty Financial (WLFI) to explore innovation in digital finance and the use of stablecoins for cross-border transactions. Pakistan To Explore USD1 For Cross-Border Payments On Wednesday, Pakistan announced it had signed a memorandum of understanding (MoU) with a crypto firm linked to the Trump Family\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-67834","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67834"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67834\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}