Pakistan Signs MoU with World Liberty Financial Affiliate to Explore Stablecoins for Cross-Border Payments
Pakistan's Finance Ministry signed an MoU on January 14 with SC Financial Technologies LLC, affiliated with World Liberty Financial, to explore stablecoins for cross-border payments. The agreement between Finance Minister Muhammad Aurangzeb and World Liberty CEO Zach Witkoff aims to advance digital finance innovation while maintaining regulatory compliance. This partnership builds on previous engagements and positions Pakistan as a key player in the global digital finance landscape.

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Pakistan's Ministry of Finance has entered into a strategic partnership with a firm linked to World Liberty Financial to explore innovative digital payment solutions. The memorandum of understanding, signed on January 14 in Islamabad, marks a significant step in Pakistan's digital finance evolution.
Key Partnership Details
The MoU was formalized between Pakistan's Finance Minister Muhammad Aurangzeb and Zach Witkoff, son of US Special Envoy Steve Witkoff and co-founder and chief executive of World Liberty Financial. The Pakistan Virtual Assets Regulatory Authority (PVARA) confirmed that the agreement was signed with SC Financial Technologies LLC, an affiliated entity of World Liberty Financial.
| Parameter: | Details |
|---|---|
| Signing Date: | January 14 |
| Pakistani Signatory: | Finance Minister Muhammad Aurangzeb |
| Partner Representative: | Zach Witkoff, CEO World Liberty Financial |
| Partner Entity: | SC Financial Technologies LLC |
| Location: | Islamabad |
Strategic Objectives and Vision
The partnership aims to explore innovation in digital finance, particularly focusing on stablecoin usage for cross-border transactions. This initiative signals growing global interest in Pakistan as a key market for digital assets. Finance Minister Aurangzeb emphasized Pakistan's forward-looking approach to financial innovation, stating that the country recognizes the future of finance is being shaped today.
Key focus areas include:
- Secure and compliant digital payment infrastructure
- Cross-border settlement innovations
- Foreign exchange process improvements
- Regulatory alignment with innovation
Building on Previous Engagements
According to PVARA, this MoU builds upon earlier collaborative efforts between World Liberty Financial and Pakistan. The foundation was established through a Letter of Intent signed in April with the Pakistan Crypto Council, which created the groundwork for knowledge-sharing and ecosystem-level dialogue around emerging financial technologies.
Strategic Positioning
PVARA highlighted that Pakistan is rapidly positioning itself as a serious contender in the global digital finance landscape. The authority noted that World Liberty Financial is deepening its engagement with Pakistan to explore next-generation digital payment and cross-border finance innovations. The partnership reflects Pakistan's commitment to staying ahead of the curve by engaging with credible global players while ensuring innovation aligns with regulation, stability, and national interests.


























