Trump crypto startup inks stablecoin deal with Pakistan
Central bank will integrate World Liberty Financial’s USD1 into country’s payment system
An affiliate of the US president’s family-linked crypto business, World Liberty Financial, has signed an agreement with Pakistan to integrate its USD1 stablecoin into the country’s payments system.
The memorandum of understanding was signed on January 14 by Pakistan’s finance minister, Muhammad Aurangzeb, and Zach Witkoff, the co-founder and chief executive of World Liberty and son of US special envoy Steve Witkoff.
David Wachsman, spokesman for World Liberty Financial, tells Central Banking:
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