What a Trust Bank Would Change for USD1

[cryptobro]

A national trust charter would give World Liberty the ability to offer fee-free minting and redemption of USD1, seamless conversion between U.S. dollars and the stablecoin, and in-house custody of USD1 and other stablecoins. This structure mirrors a growing trend among crypto firms seeking tighter integration with traditional financial infrastructure.

The move follows recent OCC approvals granted to firms such as Circle, Ripple, and Paxos, signaling regulatory openness to crypto-native banking models that operate under federal oversight.

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institutions touching this already is kinda surprising tbh