{"id":58965,"date":"2026-01-08T09:56:23","date_gmt":"2026-01-08T02:56:23","guid":{"rendered":"https:\/\/hbbgroup.net\/trumps-world-liberty-financial-applies-for-banking-charter-to-expand-usd1\/"},"modified":"2026-01-08T09:56:23","modified_gmt":"2026-01-08T02:56:23","slug":"trumps-world-liberty-financial-applies-for-banking-charter-to-expand-usd1","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/trumps-world-liberty-financial-applies-for-banking-charter-to-expand-usd1\/","title":{"rendered":"Trumps&#8217; World Liberty Financial applies for banking charter to expand USD1"},"content":{"rendered":"<div data-testid=\"html-renderer-container\">\n<p data-ct-non-breakable=\"undefined\">The Trump family\u2019s crypto platform, World Liberty Financial, has filed for a national trust banking charter to accelerate the institutional adoption of its USD1 stablecoin.<\/p>\n<p>World Liberty <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260107876750\/en\/World-Liberty-Financial-Announces-that-WLTC-Holdings-LLC-has-Submitted-an-Application-for-a-National-Trust-Bank-Charter-to-Issue-and-Custody-USD1-Stablecoins?feedref=JjAwJuNHiystnCoBq_hl-bV7DTIYheT0D-1vT4_bKFzt_EW40VMdK6eG-WLfRGUE1fJraLPL1g6AeUGJlCTYs7Oafol48Kkc8KJgZoTHgMu0w8LYSbRdYOj2VdwnuKwa\" rel=\"noopener nofollow\" target=\"_blank\">said<\/a> on Wednesday that its subsidiary WLTC Holdings filed with the Office of the Comptroller of the Currency (OCC) for a charter that would allow it to issue, custody and convert its stablecoin in-house, rather than rely on third-party providers such as BitGo.<\/p>\n<p>\u201cInstitutions are already using USD1 for cross-border payments, settlement, and treasury operations,\u201d said World Liberty CEO Zach Witkoff. \u201cA national trust charter will allow us to bring issuance, custody, and conversion together as a full-stack offering under one highly regulated entity.\u201d<\/p>\n<p>World Liberty\u2019s trust bank would allow fee-free minting and redemption of USD1, as well as converting between US dollars and USD1, while enabling it to custody USD1 and other stablecoins.\u00a0<\/p>\n<figure>    <img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-01\/019b9b0a-b3c8-79d6-bd28-982ecbd0965c.png\" title><figcaption><em>Source: <\/em><a href=\"https:\/\/x.com\/worldlibertyfi\/status\/2009022054658400262\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/worldlibertyfi\/status\/2009022054658400262\"><em>World Liberty Financial<\/em><\/a><br \/><\/figcaption><\/figure>\n<h2>Crypto, fintechs help modernize banking system: OCC<\/h2>\n<p data-ct-non-breakable=\"undefined\">The OCC handed out <a href=\"https:\/\/cointelegraph.com\/news\/bitgo-circle-fidelity-bitgo-ripple-occ-approval-bank-conversion\">five conditional approvals<\/a> for banking charters in December to Circle, Ripple, Fidelity Digital Assets, BitGo and Paxos, signaling the regulator\u2019s willingness to expand crypto services into TradFi.<\/p>\n<p data-ct-non-breakable=\"undefined\">Comptroller of the Currency Jonathan Gould said at the time that \u201cnew entrants into the federal banking sector are good for consumers, the banking industry and the economy [as] they provide access to new products, services and sources of credit to consumers, and ensure a dynamic, competitive and diverse banking system.\u201d<\/p>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"18304599\"><\/template><\/p>\n<p>The OCC and World Liberty could face <a href=\"https:\/\/cointelegraph.com\/news\/senate-democrats-demand-answers-on-trump-cz-pardon\">increased scrutiny<\/a> with a banking charter, as some lawmakers have raised concerns about President Donald Trump\u2019s <a href=\"https:\/\/cointelegraph.com\/news\/democrats-demand-us-treasury-reports-trump-crypto-ventures\">potential conflicts of interest<\/a> in World Liberty and his ties to the broader crypto industry.<\/p>\n<p data-ct-non-breakable=\"undefined\"><em><strong>Related: <\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/news\/trump-hints-colombia-mexico-next-after-maduro-capture\"><em><strong>Trump floats Colombia action as Bitcoin climbs toward $93K<\/strong><\/em><\/a><\/p>\n<p data-ct-non-breakable=\"undefined\">Trump is listed as a co-founder of the company alongside his sons Eric, Barron and Donald Trump Jr.<\/p>\n<p>President Trump also came under fire for his ties to World Liberty, <a href=\"https:\/\/cointelegraph.com\/news\/trump-pardons-binance-founder-cz\">as he pardoned<\/a> Binance founder Changpeng Zhao after <a href=\"https:\/\/cointelegraph.com\/news\/binance-world-liberty-financial-stablecoin\">reportedly cutting deals<\/a> that helped the Trumps\u2019 platform.<\/p>\n<p>Witkoff reportedly <a href=\"https:\/\/www.wsj.com\/finance\/currencies\/world-liberty-flagship-in-trumps-crypto-fleet-seeks-a-u-s-banking-license-72cca502\" rel=\"noopener nofollow\" target=\"_blank\">said<\/a> that World Liberty structured a trust company \u201cto avoid conflicts of interest,\u201d noting that Trump and his family wouldn\u2019t serve as executives or exercise day-to-day control of the business.<\/p>\n<p><em><strong>Magazine:<\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/magazine\/how-crypto-laws-changed-2025-further-2026\/\"><em><strong> How crypto laws changed in 2025 \u2014 and how they\u2019ll change in 2026<\/strong><\/em><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\" label=\"Subscription Form: Markets Outlook\"><\/template><\/div>","protected":false},"excerpt":{"rendered":"<p>The Trump family\u2019s crypto platform, World Liberty Financial, has filed for a national trust banking charter to accelerate the institutional [&hellip;]<\/p>","protected":false},"author":5,"featured_media":58966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-58965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/58965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=58965"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/58965\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/58966"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=58965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=58965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=58965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}