Corporate Decision 1385: Application to charter World Liberty Trust Company, National Association
Reporting cited here
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OCC Corporate Decision 1385 granted preliminary conditional approval for World Liberty Trust Company, National Association; Reuters reported the charter would let the company issue its branded stablecoin and manage reserves, while final opening remained subject to capital, governance, and other pre-opening conditions.
Corporate Decision 1385, pages 1–2 and 8–12; preliminary conditional approval, proposed USD1 and custody activities, capital and pre-opening conditionsOCC conditionally approved World Liberty's national trust charter · Preliminary conditional approval; pre-opening conditions remain
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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.
Decision, conditions, and legal analysisWorld Liberty National Trust Charter: Audit finding · Cited analysis
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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.
Standards, findings, and conditionsWorld Liberty National Trust Charter: Audit finding · Cited analysis
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The OCC said its review applied the same standards used for other applicants and imposed conditions before the bank could open; critics' conflict allegations were not agency findings.
Standards, findings, and conditionsWorld Liberty National Trust Charter: Counterevidence · Counterevidence
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The OCC conditionally approved the charter subject to capital, governance, compliance, and preopening requirements.
Decision, conditions, and legal analysisWorld Liberty National Trust Charter: The record · The record
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Application materials and Reuters identify the applicant as part of the Trump-family-linked World Liberty enterprise.
Decision, conditions, and legal analysisWorld Liberty National Trust Charter: The record · The record