World Liberty Seeks US Banking License In Trump Crypto Push

World Liberty Financial has filed for a US national banking charter as stablecoins shift from a trading tool into payment infrastructure. The group said Wednesday that World Liberty Trust submitted a de novo application to the Office of the Comptroller of the Currency, the Treasury bureau that charters and supervises national banks, in a bid to bring its dollar-linked stablecoin deeper inside the regulatory perimeter. If approved, the charter would allow the trust to issue and safeguard USD1, the dollar-backed token World Liberty launched last year. USD1 has grown to about $3.4B in market value, and it has already shown up in headline crypto dealmaking, after a third-party investor used USD1 tokens to buy a $2B stake in Binance . World Liberty Financial Announces that WLTC Holdings LLC has Submitted an Application for a National Trust Bank Charter to Issue and Custody USD1 Stablecoins https://t.co/ulapagYLYq — WLFI (@worldlibertyfi) January 7,...

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