The Trump-backed World Liberty Financial has signed a letter of intent to assist Pakistan with DeFi, stablecoin and real-world asset tokenization innovation in the country.
The Donald Trump-backed World Liberty Financial has signed a Letter of Intent with the Pakistan Crypto Council to accelerate crypto adoption in the South Asian country and one of the industry’s fastest-growing markets.
Under the partnership, World Liberty will help the Council launch regulatory sandboxes to test blockchain-based products, expand stablecoin applications for remittances and trade, explore real-world asset tokenization, and assist with the growth of decentralized finance protocols, local news outlet Business Recorder reported on April 27.
World Liberty founders Zach Witkoff, Zak Folkman and Chase Herro signed the letter in a recent meeting with the Council’s CEO Bilal bin Saqib, with Pakistan’s central bank governor, finance minister and IT secretary among those in attendance.
Read more