World Liberty Seeks National Trust Charter for USD1 Stablecoin

[cryptobro]

The Trump family–backed crypto platform World Liberty Financial has filed for a national trust banking charter in a move aimed at accelerating institutional adoption of its USD1 stablecoin. The application was submitted by its subsidiary, WLTC Holdings, to the Office of the Comptroller of the Currency (OCC).

If approved, the charter would allow World Liberty to issue, custody, and convert USD1 directly, eliminating reliance on third-party providers. CEO Zach Witkoff said institutions are already using USD1 for payments and treasury operations, and a full-stack, regulated structure would make adoption even easier.

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a trump-backed stablecoin going full bank charter was not on my 2025 bingo card