Pakistan Partners with Trump Family-Linked Crypto Firm on Stablecoin Initiative, Reports Say

It was revealed on the 14th by Reuters that Pakistan has signed an agreement with a company related to World Liberty Financial, a cryptocurrency venture handled by the family of former U.S. President Trump. According to sources, the partnership will explore the use of World Liberty's stablecoin 'USD1' for cross-border payments. This marks the first public announcement of such a partnership between the company, launched in September 2024, and a sovereign nation. Under the agreement, World Liberty Financial will collaborate with the Central Bank of Pakistan to integrate the USD1 stablecoin into a regulated payment infrastructure. The token...