Pakistan has signed a Memorandum of Understanding (MoU) with SC Financial Technologies LLC, an affiliate of World Liberty Financial, to enhance digital payments and financial services.
The agreement, signed between the Ministry of Finance and SC Financial Technologies, was formalized by the Federal Minister for Finance and the company’s CEO. The ceremony was attended by Field Marshal Asim Munir, highlighting the strategic importance of the partnership.
Under the MoU, World Liberty Financial will collaborate with Pakistan to develop advanced digital payments solutions, including cross-border payment systems. The initiative aims to strengthen Pakistan’s fintech ecosystem, improve financial inclusion, and promote the adoption of secure digital payments nationwide.
A delegation from SC Financial Technologies also met with Prime Minister Shehbaz Sharif to discuss potential innovations in digital finance. Officials highlighted the use of stablecoins for cross-border transactions, showing Pakistan’s growing significance as a hub for digital financial assets.
The government has announced plans to expand cooperation with global fintech leaders. Discussions will focus on integrating stablecoins and other digital solutions into Pakistan’s financial system, which could modernize payments and facilitate faster, secure transactions.
Earlier, the Pakistan Virtual Asset Regulatory Authority (PVARA) issued No Objection Certificates to Binance and HTX. These approvals allow both platforms to incorporate locally and establish operations under Pakistan’s regulatory framework. The move aims to integrate digital payment platforms into the national financial system and provide safe channels for virtual asset transactions.
Experts say the partnership with World Liberty Financial will accelerate the adoption of digital payments in Pakistan. By combining innovative technology with regulatory oversight, the initiative could make digital transactions faster, safer, and more accessible for businesses and individuals.
This collaboration signals Pakistan’s commitment to modernizing its financial infrastructure and positioning the country as a regional leader in digital payments and fintech innovation.
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