WLFI, Trump-Backed, Partners with Pakistan on Crypto

Key Takeaways
World Liberty Financial (WLFI), a DeFi project backed by former U.S. President Donald Trump, has entered into a partnership with the Pakistan Crypto Council (PCC). The goal is to advance blockchain innovation in Pakistan. This move follows the appointment of Binance founder Changpeng Zhao (CZ) as Pakistan’s strategic crypto advisor. The collaboration includes regulatory sandboxes, stablecoin applications, and tokenization initiatives.
Background on the Partnership
On April 26, 2025, representatives from WLFI and PCC signed a Letter of Intent. WLFI founders Zachary Witkoff and Zachary Folkman travelled to Abu Dhabi for the occasion, where they also met with CZ. According to PCC CEO Bilal Bin Saqib, this is a strategic partnership aimed at empowering young people in Pakistan and integrating the country into the global financial future.
Role of CZ and Binance
The appointment of Changpeng Zhao as a strategic advisor by the PCC marks a significant step. CZ brings his experience from building Binance, one of the world’s largest crypto exchanges, to the development of blockchain infrastructure in Pakistan. Meetings between CZ, WLFI, and PCC suggest close coordination to establish standards for crypto adoption.
Planned Initiatives in Pakistan
The partnership targets specific areas of application:
- Establishment of regulatory sandboxes – testing environments for new Web3 products under government oversight.
- Piloting tokenization models – for example, involving real estate or corporate shares.
- Use of stablecoins for remittances and trade – particularly WLFI’s own stablecoin USD1.
These initiatives aim to position Pakistan as a model for successful blockchain use in emerging markets.
WLFI’s Position in the DeFi Market
WLFI is pursuing a clear expansion strategy. In addition to the partnership with Pakistan, the project has already developed several products, including the stablecoin USD1. According to data from Arkham, WLFI currently manages approximately 103 million USD in crypto assets:
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- 22 million USD in USDC (USD Coin)
- 15 million USD in Wrapped Bitcoin (WBTC)
- 14 million USD in Ethereum (ETH)
These reserves demonstrate that WLFI has sufficient liquidity to financially support its projects.
Outlook on Next Steps
No specific pilot projects have been announced yet. However, it is expected that initial experiments with stablecoins and tokenization will follow soon. The involvement of CZ and the focus on regulatory testing environments suggest a structured approach. Pakistan could become a pioneer in crypto applications in Asia.
Our Assessment
The partnership between WLFI and the Pakistan Crypto Council is a noteworthy step toward crypto adoption in emerging markets. CZ’s involvement adds further credibility to the initiative. If you’re interested in crypto, it’s worth keeping an eye on developments in Pakistan. Particularly exciting will be how stablecoins and tokenization are implemented in a real-world economic context. WLFI is positioning itself as a player that focuses not only on technology but also on strategic alliances.