Trump Family's World Liberty Seeks National Trust Banking Charter for USD1 Stablecoin
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Trust Banking Charter Application: World Liberty Financial's subsidiary WLTC Holdings has filed for a national trust banking charter with the OCC to accelerate institutional adoption of its USD1 stablecoin, which is expected to enhance its competitive position in the fintech sector.
- Full-Stack Service Integration: Securing the trust banking charter will enable World Liberty to issue, custody, and convert USD1 in-house, eliminating reliance on third-party providers and thereby reducing operational costs while improving service efficiency.
- Market Demand Response: CEO Zach Witkoff noted that institutions are already utilizing USD1 for cross-border payments and settlements, and the establishment of a trust bank will further meet the market's demand for efficient financial services, driving business growth for the company.
- Regulatory Challenges Anticipated: While the trust bank application may open new business opportunities, it could also face increased scrutiny from lawmakers regarding potential conflicts of interest involving the Trump family and the crypto industry, necessitating careful navigation of the evolving regulatory landscape.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
