World Liberty Financial (WLF), a decentralized finance (DeFi) platform supported by former US President Donald Trump, has entered into a landmark Letter of Intent (LoI) with the Pakistan Crypto Council (PCC) to promote blockchain innovation, advance stablecoin adoption, and deepen DeFi integration throughout Pakistan. The WLF delegation, comprising Zachary Folkman, Zachary Witkoff (son of Steve Witkoff, the US Special Envoy to the Middle East), and Chase Herro, met with key Pakistani leaders—including the Prime Minister, Chief of Army Staff, Deputy Prime Minister, Minister of Information, and Minister of Defence—to formalize this cooperation. This represents a significant stride toward establishing Pakistan as a global leader in the digital finance revolution. Pakistan’s proactive stance highlights its dedication to embracing the next wave of financial innovation. The government has indicated plans to soon introduce comprehensive crypto legalization policies, further bolstering Pakistan’s status as one of the fastest-growing crypto markets worldwide. The Letter of Intent was signed during the meeting between World Liberty Financial and the Pakistan Crypto Council, which also included the Finance Minister of Pakistan, the CEO of the Council, the Governor of the State Bank of Pakistan, the Chairman of SECP, and the Federal Secretary for IT.

The cooperation scope between PCC and WLF covers collaboration across key areas, such as: - Launching regulatory sandboxes for testing blockchain-based financial products, - Facilitating the responsible expansion of DeFi protocols, - Exploring tokenization of real-world assets like real estate and commodities, - Expanding stablecoin use for remittances and trade, and - Providing strategic advice on blockchain infrastructure and global regulatory developments. Pakistan boasts one of the world’s most promising digital economies, with over 64% of its population under 30 years old. It ranks among the leaders in global crypto adoption, with approximately $300 billion in annual crypto transactions and 25 million active users. With increasing mobile penetration, a thriving freelance economy, and strong governmental interest in blockchain, Pakistan’s youth are well-positioned to spearhead the next era of Web3 innovation. “Pakistan’s youth and technology sector are our greatest assets. Through partnerships like this, we are opening new opportunities for investment, innovation, and global leadership in the blockchain economy, ” said Finance Minister Muhammad Aurangzeb. Bilal Bin Saqib, CEO of the Pakistan Crypto Council, commented: “Our alliance with World Liberty Financial is more than a partnership—it’s a strategic initiative to empower our young population and integrate Pakistan into the future of global finance. ” World Liberty Financial’s leadership lauded Pakistan’s vibrancy, stating, “Pakistan’s energy, vision, and talent make it one of the most exciting places globally to build the future of decentralized finance. ”