World Liberty Financial, a crypto venture backed by members of US President Donald Trump’s family, has applied to create a national trust bank centred on stablecoin activities. World Liberty Financial’s subsidiary WLTC Holdings has lodged a “de novo” application with the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter. The proposed institution would be responsible for issuing and safeguarding USD1, a dollar-referenced stablecoin launched by World Liberty last year. ...