According to Al Jazeera reports, Pakistan signed a memorandum of understanding in January this year with SC Financial Technologies, an affiliate of the Trump family's crypto project World Liberty Financial (WLF), to explore using its USD1 stablecoin for cross-border payments. But nearly six months later, Pakistani officials confirmed that USD1 has not been piloted, has not obtained a license, and there are no known transactions. The report says Trump earned over $500 million last year just from WLF token sales; analysts believe that the actual value of this cooperation for Pakistan lies more in gaining access to the Trump administration than in the stablecoin implementation itself.

WLFI-2.25%
USD10.05%
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