On this report, Pranay Upadhyay discusses the breaking news of Pakistan’s central bank partnering with World Liberty Financial, a crypto business linked to US President Donald Trump’s family. The deal involves integrating the USD1 stablecoin into Pakistan’s regulated digital payment system for cross-border transactions. Pranay Upadhyay notes that ‘this clearly shows that, you know, how Pakistan is trying to cozy up with President Donald Trump, his personal business interests’. The discussion highlights the role of Bilal bin Saqib and Field Marshal Asim Munir in fostering proximity with the Trump administration. This agreement, involving SC Financial Technologies, marks one of the first publicly known stablecoin tie-ups between a sovereign state and World Liberty Financial. The official announcement is expected during World Liberty CEO Zach Whitcock’s visit to Islamabad, reflecting warming Pakistan-US ties and Pakistan’s strategic efforts to regain US favours through personal and business inroads within the Trump inner circle.
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