Overview
- A source involved in the talks said Pakistan signed with a firm connected to World Liberty Financial to explore using the USD1 token for cross-border payments.
- The agreement envisions collaboration with the central bank to integrate USD1 alongside Pakistan’s existing digital currency infrastructure.
- Pakistan was expected to announce the move during World Liberty CEO Zach Witkoff’s visit to Islamabad.
- The finance ministry and central bank did not immediately respond to requests for comment on the reported deal.
- World Liberty launched in 2024 and has been linked to increased Trump Organization income, while its stablecoin was used by Abu Dhabi’s MGX in a $2 billion Binance equity purchase.