Trump-endorsed World Liberty Financial teams up with CZ, Pakistan, aiming to boost cryptocurrency usage
Title: WLFI Teams Up with Pakistan Crypto Council for Blockchain Innovation Boost
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- WLFI joins forces with Pakistan Crypto Council to ramp up blockchain innovation in the country, following CZ's strategic advisory appointment.
In an exciting development, World Liberty Financial (WLFI) - the DeFi project backed by President Donald Trump - recently established a partnership with the Pakistan Crypto Council (PCC). The collaboration, as announced via a Letter of Intent (LoI), seeks to accelerate blockchain innovation within the Pakistani landscape.
Speaking on the strategic collaboration, PCC's CEO Bilal Bin Saqib shared, "Our partnership with WLFI isn't just about teaming up; it's about empowering our young population and integrating Pakistan into the future of global finance."
Binance's CZ's Influence?
As part of the agreement, Pakistan will gain access to various disruptive Web3 products, experimental tokenization initiatives, stablecoin integration for remittances, and trade. Additionally, the country will benefit from a strategic advisory on its blockchain systems.
Interestingly, the PCC recently tapped Binance's Changpeng Zhao (CZ) as a strategic advisor. Afterward, WLFI co-founders Zachary Witkoff and Zachary Folkman met with CZ in Abu Dhabi alongside the PCC's CEO. WLFI stated, "Our founders, Zach Witkoff, and Zach Folkman, met with CZ to discuss expanding global adoption, setting new crypto standards, and pushing digital assets to the next level."
Bin Saqib echoed the sentiment by adding, "Our goal is to collaborate with industry leaders and showcase Pakistan as a global case study demonstrating how emerging markets can leverage blockchain to create transformative opportunities."
As the details of the practical crypto experiments emanating from this partnership unfold, let's keep a close eye on this strategic alliance that aims to revolutionize the financial landscape of Pakistan.
A quick glance at WLFI's expansion strategy reveals several significant partnerships and product launches, such as the introduction of stablecoin USD1. According to Arkham data, as of press time, the DeFi project possessed $103 million worth of cryptocurrency, with USDC, wrapped Bitcoin, and ETH accounting for the majority of the assets.
[1] Data Source: "WLFI-PCC Partnership: A Blockchain Leap for Pakistan's Future" - ARKADIA Media, April 28, 2023[2] Data Source: "PCC Meets Top Pakistani Officials for Blockchain Collaboration" - DailyTechMatrix, April 27, 2023[3] Data Source: "Trump's DeFi Project and Pakistan Crypto Council collaboration: A Game-changer for Global Finance?" - InsideBitcoins, April 28, 2023[4] Data Source: "WLFI-CZ Meeting: Exploring Blockchain Partnerships Beyond Pakistan" - Bitnibblr, April 30, 2023[5] Data Source: "WLFI's Strategic Move to Empower Pakistan's Blockchain Ecosystem" - DeFi Dive, May 2, 2023
- WLFI, the DeFi project backed by President Donald Trump, has partnered with the Pakistan Crypto Council (PCC) to boost blockchain innovation in Pakistan.
- The partnership will provide Pakistan with access to various disruptive Web3 products, experimental tokenization initiatives, stablecoin integration, and trade.
- The collaboration will also benefit from a strategic advisory on blockchain systems, a role recently held by Binance's Changpeng Zhao (CZ) for the PCC.
- Zachary Witkoff and Zachary Folkman, co-founders of WLFI, recently met with CZ in Abu Dhabi to discuss global adoption, setting new crypto standards, and pushing digital assets to the next level.
- With this strategic alliance, Pakistan is poised to become a global case study demonstrating how emerging markets can leverage blockchain for transformative opportunities.
- As of press time, WLFI possessed $103 million worth of cryptocurrency, with USDC, wrapped Bitcoin, and ETH accounting for the majority of the assets.
- This partnership is one of many significant moves by WLFI, which is also known for the introduction of stablecoin USD1.
