Trump-Backed World Liberty Financial (WLF) Sparks Crypto Boom in Pakistan
On April 26, 2025, World Liberty Financial (WLF), a DeFi platform backed by U.S. President Donald Trump, signed a Letter of Intent (LoI) with the Pakistan Crypto Council (PCC) in Islamabad.
The signing, attended by Finance Minister Muhammad Aurangzeb, the State Bank of Pakistan governor, the IT secretary, WLF representatives Zachary Folkman and Zachary Witkoff, and PCC CEO Bilal Bin Saqib, marks an important milestone in the continued growth of Pakistan’s blockchain ecosystem.
The agreement follows discussions with the Prime Minister, Chief of Army Staff, and Deputy Prime Minister, a sign of its importance.
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Pakistan ranks 9th globally in crypto adoption, per Chainalysis’ 2024 Global Crypto Adoption Index, with an estimated 20–25 million active users and roughly $300 billion in annual transaction volume.
With 64% of its population under 30, the country is leveraging its demographic edge for digital innovation, supported by plans to legalize cryptocurrencies soon.
From Sandboxes to Stablecoins: The Blueprint for Pakistan’s Crypto Boom
The WLF-PCC partnership intends to promote blockchain and DeFi growth through specific plans. These include establishing regulatory sandboxes to test blockchain-based financial products, tokenizing assets such as real estate and commodities, and promoting stablecoin adoption for remittances and trade, in line with Pakistan’s huge remittance market.
Also read: World Liberty Financial Unveils ‘Macro Strategy’ Fund to Back BTC and ETH
WLF will provide advisory support on global regulatory trends to ensure compliance with international standards, complementing PCC’s role as a government-backed regulatory body.
“Pakistan’s youth and tech sector are our greatest strengths,” said Finance Minister Aurangzeb. “This partnership unlocks new avenues for investment and innovation.”
PCC CEO Saqib added, “This is a strategic step to empower our youth and position Pakistan in global finance’s future.” WLF representatives cited Pakistan’s “energy, talent, and vision” as key drivers for DeFi, underscoring the partnership’s potential.
A Pro-Crypto Alliance: How Policy Shapes the WLF-PCC Partnership
WLF, established in 2024 with a 60% ownership by the Trump family, has faced scrutiny over prior, unrelated partnerships, including a deal linked to controversial parties, though these issues do not affect the PCC collaboration.
The partnership is boosted by the Trump administration’s pro-crypto stance and Pakistan’s growing regulatory landscape, which includes a proposed 2026 policy to address terrorism financing and KYC requirements.
Also read: WLFI Proposes USD1 Airdrop to Token Holders in Major Adoption Push
The progressive proposals of PCC, including rerouting excess energy for Bitcoin mining, also reveal Pakistan’s progressive mindset.
The WLF-PCC collaboration looks forward to driving economic growth, attracting investment, and establishing Pakistan as a digital finance hub, relying on its strong crypto market and young population.
