World Liberty Financial Seeks OCC Approval to Launch Trust Bank for USD1 Stablecoin

World Liberty Financial, a decentralized finance (DeFi) project backed by President Donald Trump, revealed that its subsidiary has applied for a national trust bank charter. This move positions the company to offer services to institutional clients, including exchanges, investment firms, and more. Nevertheless, traditional banking groups are voicing concerns about the swift rise of crypto trust charters. World Liberty Financial Advances Stablecoin Strategy With Proposed National Trust Bank In the press release, WLFI highlighted that WLTC Holdings LLC submitted a de novo application to the Office of the Comptroller of the Currency (OCC) to launch the World Liberty Trust Company, National Association (WLTC) source: https://beincrypto.com/world-liberty-financial-federal-charter-usd1-stablecoin/