Insider: Informed sources claim that Pakistan will collaborate with the Trump family's World Freedom Financial Company to develop a stablecoin pegged to the US dollar.
An informed source participating in the transaction revealed on Wednesday that Pakistan has signed an agreement with a core cryptocurrency company owned by the family of former US President Donald Trump - World Free Financial Corporation, intending to explore cross-border payment business using the stablecoin issued by the company. This cooperation is one of the first cooperation projects between World Free Financial Corporation, a cryptocurrency financial platform that went online in September 2024, and a sovereign country to be reached and publicly disclosed. According to the source, under the agreement, World Free Financial Corporation will work with the State Bank of Pakistan to integrate its stablecoin pegged to the US dollar at a 1:1 ratio into the regulated digital payment system, allowing the token to operate parallel to Pakistan's domestic digital currency infrastructure. As of now, the Pakistani Ministry of Finance and the State Bank have not responded to requests for comment on the matter.
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