The Pakistan Crypto Council (PCC) and World Liberty Financial (WLFI), the DeFi initiative supported by former President Donald Trump, have inked a Letter of Intent (LoI). The agreement was formalised during high-level meetings in Islamabad.
WLFI co-founders Zachary Witkoff and Zachary Folkman led the delegation. They joined PCC CEO Bilal Bin Saqib and senior Pakistani officials, including the Finance Minister, the Governor of the State Bank, and the Chairman of SECP, to lay the foundation for their collaboration.
A Shared Vision for Blockchain Innovation
The PCC claims that the collaboration intends to hasten DeFi integration, stablecoin acceptance, and blockchain innovation throughout Pakistan.
The partnership will investigate tokenisation of physical assets such as commodities and real estate, regulatory sandboxes for innovative financial products, and increased use of stablecoins for trade and remittances.
PCC’s Bilal Bin Saqib described the cooperation as a strategic move to empower Pakistan’s young population and pave the way for the country to lead in digital finance.
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Engaging Pakistan’s Leadership
The Prime Minister, Chief of Army Staff, Deputy Prime Minister, Minister of Information, and Minister of Defence were among the high-ranking government officials with whom the WLFI delegation met.
Finance Minister Muhammad Aurangzeb praised Pakistan’s proactive stance on emerging financial technologies. He highlighted the nation’s plans to introduce comprehensive crypto legalisation policies soon, which would further solidify Pakistan’s place as a rapidly growing crypto market.
A Young, Tech-Savvy Population
With over 64% of its population under 30, Pakistan boasts one of the most dynamic digital economies. The country sees an estimated $300 billion in annual crypto transactions and counts 25 million active crypto users.
Rising mobile penetration and a vibrant freelance sector provide fertile ground for blockchain growth. WLFI leaders applauded Pakistan’s energy and talent, noting the country’s unique position to drive the next wave of Web3 innovation.
Building on Global Expansion
WLFI has pursued multiple partnerships and product launches as part of its growth strategy. The firm recently introduced its USD1 stablecoin, designed for low-volatility transactions and cross-border transfers.
The stable-coin launch demonstrates WLFI’s commitment to practical DeFi solutions and complements its new PCC collaboration, which promises to bring regulatory support and advisory on global blockchain trends to Pakistan.
Both WLFI and the Pakistan Crypto Council view this LoI as the start of a broader journey. They plan to move swiftly from intent to action, establishing pilot programs within regulatory sandboxes and engaging local developers.
As Pakistan finalises its crypto framework, the partnership is set to offer real projects that test DeFi applications in real-world settings.
By joining forces, World Liberty Financial and the Pakistan Crypto Council aim to unlock fresh opportunities in digital finance. Their combined expertise and Pakistan’s youthful drive could set a new standard for responsible DeFi growth.
Looking Toward Regulation and Growth
The Pakistan government has indicated that it is preparing to roll out clear rules to regulate cryptocurrency trading and blockchain services. The goal is to attract foreign investment and modernise the country’s financial systems.
Bilal Bin Saqib, the CEO of the PCC, said that this move is about building a stable foundation for long-term growth in the digital economy. He also called the partnership with WLFI a “strategic step” for empowering Pakistan’s youth.
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