Pakistan Risks Financial System with Trump-Linked Crypto Deal
Explainers
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Firstpost•15-01-2026, 15:25
Pakistan Risks Financial System with Trump-Linked Crypto Deal
- •Pakistan partners with World Liberty Financial, a crypto firm linked to Donald Trump's family, for its USD1 stablecoin.
- •The MoU with SC Financial Technologies (World Liberty's affiliate) aims to integrate USD1 into Pakistan's payment systems for cross-border transactions and remittances.
- •The deal raises ethical concerns due to World Liberty's political connections, alleged links to illicit activities, and the Trump family's financial ties to the company.
- •World Liberty Financial was launched by Donald Trump and his associates, with Trump's business entity reportedly owning 60% and receiving 75% of revenue from coin sales.
- •The USD1 stablecoin is integrated into the Tron blockchain, which has been linked to illicit crypto activity and its owner, Justin Sun, previously investigated by the US Justice Department.
Why It Matters: Pakistan's crypto partnership with a Trump-linked firm raises ethical concerns and potential financial risks.
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