US President Donald Trump's family's crypto firm, World Liberty Financial (WLF), has proven to be a lucrative venture, earning him over $500 million in 2025 from token sales alone. Pakistan was one of the first countries to partner with WLF, signing a Memorandum of Understanding with its affiliate, SC Financial Technologies, to explore the use of USD1, WLF's dollar-pegged stablecoin, for cross-border payments. The ceremony took place in Islamabad in January 2025, attended by Prime Minister Shehbaz Sharif and army chief Field Marshal Asim Munir, along with executives from WLF, including Steve Witkoff's son Zach. However, six months later, Pakistani officials confirmed that no pilot project using USD1 had been initiated, no licenses issued, and no known transactions conducted. Despite this, analysts suggest that Pakistan has gained a valuable asset - rare access to the Trump administration. The use of stablecoins, digital currencies pegged to a fixed value, like USD1, aims to facilitate money transfers over the internet without banks. However, the extent of such transactions remains unclear, with informal channels accounting for approximately a tenth of remittances and stablecoins forming an unquantified portion of that amount in Pakistan. Informal remittance inflows reached a record $4.25 billion in May 2025, and the State Bank of Pakistan expects this year's total to surpass $42 billion. Despite the regulatory framework established by the Virtual Assets Act, passed in March, and banks being cleared to open accounts for licensed crypto firms, the Pakistani central bank's reserves may still need to be converted back into dollars before USD1 can be utilized, potentially adding friction rather than removing it.