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🇵🇰 Trump's Crypto Deal With Pakistan: 6 Months, Zero Transactions
Jan 2026: Pakistan signed an MoU with SC Financial Technologies (World Liberty Financial affiliate) to explore $USD1 stablecoin for cross-border payments. Big ceremony, PM Shehbaz Sharif, Army Chief Munir, FM Aurangzeb all present.
Fast forward to July 2026 (per Al Jazeera):
❌ No pilot program launched
❌ No licenses issued
❌ Zero USD1 transactions recorded
The real win wasn't crypto adoption, it was access. Analysts say the deal gave Pakistan a direct line to the Trump administration, arguably worth more than the stablecoin itself.
Reality check: Pakistan is already the 3rd largest crypto market globally (Chainalysis), but most informal flow runs through $USDT, not $USD1. A banking source confirmed the MoU was "exploratory" from day one, no real commitment behind it.
Not every crypto deal is about crypto. Some are pure diplomacy wearing a blockchain costume.
Source: Al Jazeera, July 3, 2026