World Liberty Financial (WLFI), a Trump family crypto venture, has signed a landmark Memorandum of Understanding (MOU) with the Pakistan Crypto Council (PCC). This bold move aims to fast-track blockchain and decentralized finance (DeFi) in Pakistan, a rising crypto hub with 25 million active users.
WLFI and PCC Sign Historic MOU
World Liberty and PCC formalized their partnership to promote blockchain, stablecoins, and DeFi adoption in Pakistan. The signing ceremony, attended by Pakistan’s Minister for Information, Ata Tarar, PCC CEO Bilal Bin Saqib, and WLFI co-chairman Zack Vetkoff, followed WLFI’s meetings with top Pakistani officials, including Prime Minister Shehbaz Sharif.
The MOU seeks to create regulatory sandboxes for testing blockchain products and enhancing DeFi growth, aligning with Pakistan’s plan to legalize crypto soon. Pakistan’s crypto market, with $300 billion in annual transactions, is booming, driven by a young, tech-savvy population. Previously, Pakistan banned crypto in 2018 but reversed its stance in 2024, inspired by global pro-crypto policies, including U.S. President Trump’s support. World Liberty, holding over $103 million in crypto assets, aims to leverage Pakistan’s market to expand its DeFi platform, which includes the USD1 stablecoin.
Nations Collaborate Over Crypto
This is not the first crypto bridge between World Liberty and Pakistan or other firms. In 2024, WLFI explored partnerships with Pakistani fintech startups, laying the groundwork for this MOU. The collaboration mirrors Nigeria and Turkey’s blockchain ventures, though regulatory hurdles slowed progress there. Pakistan’s partnership with World Liberty positions it as a potential DeFi leader in South Asia.
Other firms, like Binance, have followed suit, with founder Changpeng Zhao meeting WLFI in Abu Dhabi on April 27, 2025, to discuss global crypto adoption. Binance has advised Pakistan on crypto policy, boosting market stability. DWF Labs, investing $25 million in WLFI tokens, and Justin Sun, with a $75 million stake, also back WLFI’s global push, signaling confidence in its DeFi vision.
The MOU’s significance lies in its potential to make Pakistan a blockchain testbed, driving economic growth and innovation. This historic deal marks an important step for WLFI and Pakistan, blending Trump’s crypto ambitions with Pakistan’s digital surge, promising a refining future for blockchain adoption.