World Liberty Trust Company, N.A. charter application public-comment notice
Reporting cited here
- documented
World Liberty Trust Company applied to the OCC for a national trust bank charter to issue and administer stablecoins and related fiduciary services.
Business plan, ownership, and requested powers - documented
The Office of the Comptroller of the Currency's public notice records World Liberty Trust Company's application for a national trust-bank charter; the proposed business included issuing and redeeming its branded stablecoin, managing stablecoin reserves, and digital-asset custody.
Public application §1(a), page 1; proposed USD1 issuance and redemption, reserve management, and institutional digital-asset custodyWorld Liberty applied for a national trust-bank charter · Application later received preliminary conditional approval
- documented
The approval handed a Trump-family-linked crypto enterprise a conditional federal banking charter during Trump's presidency. The OCC said the application met applicable standards, and preferential treatment is not established.
Business plan, ownership, and requested powersWorld Liberty National Trust Charter: Audit finding · Cited analysis