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World Liberty Financial gets OCC nod for USD1 bank

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crypto.news Editorial

(06:47 AM UTC)

1 min read

Reviewed byOlivia Bennett

0 comments

World Liberty Financial has received preliminary OCC approval to establish a national trust bank that would oversee more than $4 billion in USD1 stablecoin circulation.

Summary

World Liberty Trust must meet the OCC’s conditions before it can begin operations.
The proposed bank would issue USD1, manage its reserves, and serve institutional custody…

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