Pakistan has entered into a significant agreement with SC Financial Technologies, an entity affiliated with World Liberty Financial, a cryptocurrency business associated with the family of former U.S. President Donald Trump. This memorandum of understanding (MOU) aims to explore the integration of World Liberty Financial's USD1 stablecoin into Pakistan's digital payment systems for cross-border transactions. The announcement was made during a visit to Pakistan by Zach Witkoff, co-founder and CEO of World Liberty Financial, and also CEO of SC Financial Technologies. The Pakistan Virtual Asset Regulatory Authority (PVARA) stated that the MOU would facilitate "dialogue and technical understanding around emerging digital payment architectures." Under the terms of the agreement, SC Financial Technologies will collaborate with Pakistan's central bank to integrate the USD1 stablecoin into a regulated digital payment framework, allowing it to operate alongside the country's existing digital currency infrastructure. This development occurs amidst a period of warming relations between Pakistan and the United States. Pakistan has been actively exploring digital currency projects to reduce cash usage and enhance cross-border payments, particularly remittances, which are a crucial source of foreign exchange. The deal represents one of the first publicly announced partnerships between World Liberty Financial and a sovereign state since the platform's launch in September 2024. The involvement of a company linked to the Trump family has drawn attention, with some government ethics experts having previously described the growth of such initiatives while Trump oversees U.S. crypto policy as a potential conflict of interest, though the White House has denied any such conflicts. Finance Minister Muhammad Aurangzeb emphasized Pakistan's focus on "engaging with credible global players, understanding new financial models, and ensuring that innovation, where explored, is aligned with regulation, stability, and national interest." World Liberty Financial has stated that it is not receiving financial compensation from this arrangement.