Is the stablecoin officially "listed"? World Liberty Financial applies for a national trust bank license for USD1

Trump-related crypto projects are accelerating the compliance process. World Liberty Financial recently officially submitted an application to the Office of the Comptroller of the Currency (OCC) in the United States, seeking to obtain a federal-level national trust bank license. This move is seen as an important milestone for USD1, a US dollar stablecoin, towards broader institutional adoption.

According to disclosed information, World Liberty Financial has established a new entity, WLTC Holdings LLC, as the applicant for the national trust bank charter. If approved, this trust bank will be able to legally conduct issuance, custody, and redemption of USD1 under a unified federal regulatory framework, providing a higher level of compliance endorsement for stablecoin operations. This layout also further expands USD1’s application scenarios in payments, settlements, and enterprise-level fund management.

Zach Witkoff, who is expected to serve as President and Chairman of the trust institution, stated that institutional interest in USD1 is growing rapidly, especially in cross-border payments and corporate treasury management. “Some institutions are already using USD1 for payments and settlements. The national trust bank license will help us provide a full-stack stablecoin service covering issuance, custody, and exchange in a highly regulated environment,” he said.

This application also positions World Liberty Financial among crypto companies competing for the federal trust license. Previously, the OCC granted conditional approvals to several digital asset companies, including Circle and Ripple, indicating that regulators are gradually opening institutional windows for compliant stablecoins. According to the application documents, the trust bank will operate under the framework of the 《GENIUS Act》 and deploy strict anti-money laundering and sanctions screening mechanisms. Its core business will focus on stablecoin issuance, redemption, and custody services.

Beyond payment scenarios, World Liberty Financial is also expanding the USD1 ecosystem. The company plans to combine stablecoin infrastructure with real-world asset tokenization projects, involving commodities such as oil and natural gas. These real assets will serve as potential collateral for the stablecoin, providing a more solid value backing for USD1.

Additionally, the project team has proposed a plan to deploy stablecoin liquidity directly through WLFI treasury funds to promote the usage frequency of USD1 on centralized exchanges and decentralized finance platforms. Overall, as the national trust bank license application advances, USD1 is transitioning from a conceptual stablecoin to a compliant, institutionalized digital dollar infrastructure. Its future positioning within the US stablecoin regulatory system warrants ongoing attention.