Trump-linked World Liberty Financial-connected firm applies for federal bank charter
Yahoo Finance·2026-01-08 07:16
World Liberty Financial, the crypto firm tightly linked to U.S. President Donald Trump, said Wednesday that World Liberty Trust Company applied for a national charter with the U.S. Office of the Comptroller of the Currency to launch World Liberty Trust Company. The trust firm, if approved by the OCC, would directly issue the World Liberty-linked USD1 stablecoin, whose value is pegged to the U.S. dollar, the company said in a press release. The firm would also offer its own custody and stablecoin conversio ...