The Trump family’s crypto venture is taking a major step forward in the digital finance space 🌍. According to reports, the project known as World Liberty Financial (WLFI) has announced that its subsidiary, WLTC Holdings LLC, has officially submitted an application to the Office of the Comptroller of the Currency (OCC) to establish a national trust bank in the United States.
The proposed bank will be called World Liberty Trust Company, and its initial focus will be on stablecoin-related operations 💵🔗. If the application gets approved, this would allow WLTC to operate under a national trust charter — a significant milestone that could bring stronger regulatory clarity and credibility to the project.
💰 USD-Pegged Stablecoin Plans
One of the biggest highlights is WLTC’s plan to issue a USD-backed stablecoin named USD1. This stablecoin would be pegged to the US dollar, aiming to provide price stability, trust, and smoother on-chain transactions. In a market where regulation is becoming more important than ever, this move signals a push toward compliance-first crypto adoption.
🔐 Institutional Focus
Initially, World Liberty Trust Company plans to serve institutional clients, not retail users. Over time, the project aims to expand its services, including:
Crypto asset custody 🛡️
Stablecoin exchange services 🔄
Secure infrastructure for regulated digital assets
This gradual rollout suggests a long-term strategy rather than a quick hype-driven launch.
🌐 Why This Matters
A crypto-linked national trust bank approval would be a big signal for the industry 📈. It shows how crypto projects are increasingly working within traditional financial frameworks instead of fighting them. For the broader market, it could help bridge the gap between Wall Street and Web3.
🧠 Final Thoughts
While approval is not guaranteed, this move clearly shows that crypto is entering a new era of regulation and institutional adoption. If approved, World Liberty Trust Company could become a key player in the future of stablecoins and regulated digital finance 🚀💙#ZTCBinanceTGE #BinanceHODLerBREV #Binance
