World Liberty Wins Bank Charter From Trump-Appointed Regulator for $4 Billion Stablecoin

BeInCrypto Editorial

(09:09 PM UTC)

1 min read

President Donald Trump’s family is set to own a federally chartered bank. A regulator he appointed conditionally cleared World Liberty Trust Company, issuer of the $4 billion USD1 stablecoin.

The Office of the Comptroller of the Currency (OCC) published its national trust charter decision Friday. Final approval would let the firm issue USD1 itself and hold the dollar assets backing it.

Trump’s…

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BeInCrypto Editorial · BeInCrypto

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