Trump's Family Firm Seeks National Bank Charter as USD1 Stablecoin Hits $3.4B Market Value
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Stablecoin Application: World Liberty Trust formally applied for a national bank charter on Wednesday, which, if approved, would enable it to directly manage the issuance and custody of its USD1 stablecoin, thereby enhancing its position within the financial ecosystem.
- Market Value Surge: The USD1 stablecoin has reached a market value of $3.4 billion after a third-party investor utilized it to fund a $2 billion deal, demonstrating its rapid growth and potential investment appeal in the market.
- Full-Stack Service Offering: The new trust company aims to provide stablecoin issuance, redemption, and custody services, targeting institutional clients including crypto exchanges and investment firms, which will enhance its competitive edge in the market.
- Commitment to Compliance: World Liberty Trust will operate in accordance with the GENIUS Act, ensuring all operations meet anti-money laundering and sanctions standards, aiming to bolster its credibility and compliance in a regulated environment.
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.







