Pakistan’s central bank begins cooperation with U.S.-based World Liberty Financial
Pakistani authorities have signed an agreement with World Liberty Financial, under which the State Bank of Pakistan will integrate the USD1 stablecoin into its regulated digital payments system. The deal marks one of the first publicly disclosed partnerships between a U.S. crypto company and a sovereign state.
World Liberty Financial was founded in September 2024 and is closely linked to the crypto business interests of the Donald Trump family.
The partnership between Pakistan’s authorities and the U.S. firm was enabled by warming relations between the two countries, as well as by regulatory approval of stablecoins under the Trump administration. New U.S. federal rules introduced in 2025 lowered barriers to the use of such digital assets within payment and financial infrastructure.
USD1 has already been used in large-scale transactions. In May 2025, the Abu Dhabi state-backed company MGX used the stablecoin to purchase a $2 billion stake in Binance.
Overall, Pakistan is actively expanding its presence in the cryptocurrency sector. Currently, around 17.5 million residents of the country hold digital assets worth nearly $5 billion.
See also: "French authorities name the number of crypto companies operating without authorization"
Українська
Русский
English

