{"id":883821,"date":"2026-01-10T06:12:15","date_gmt":"2026-01-10T12:12:15","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/10\/world-liberty-files-trust-bank-charter-for-usd1\/"},"modified":"2026-01-10T06:12:15","modified_gmt":"2026-01-10T12:12:15","slug":"world-liberty-files-trust-bank-charter-for-usd1","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/10\/world-liberty-files-trust-bank-charter-for-usd1\/","title":{"rendered":"World Liberty Files Trust Bank Charter for USD1"},"content":{"rendered":"
\n

\"World<\/a><\/p>\n

The firm announced<\/a> that WLTC Holdings LLC has filed a de novo application with the Office of the Comptroller of the Currency to establish World Liberty Trust Company, National Association.<\/strong><\/h4>\n

The proposed trust bank, purpose-built for stablecoin operations, aims to issue USD1, the dollar-backed stablecoin that has surpassed $3.3 billion in circulation within its first year. The charter will allow WLTC to serve institutional customers, including crypto exchanges, market makers, and investment firms, while offering custody and stablecoin conversion services for other digital dollars.<\/p>\n

Bringing Stability and Services Under One Roof<\/strong><\/h3>\n

USD1 has grown faster than any other stablecoin in history, according to Zach Witkoff, the proposed President and Chairman of World Liberty Trust Company. \u201cInstitutions are already using USD1 for cross-border payments, settlement, and treasury operations,\u201d he said. \u201cA national trust charter will allow us to bring issuance, custody, and conversion together as a full-stack offering under one highly regulated entity.\u201d<\/p>\n

Under federal supervision, WLTC plans to provide three core services. First, stablecoin issuance and redemption, allowing users to mint and redeem USD1 with no fees at launch. Second, on-ramp and off-ramp services to convert between U.S. dollars and USD1 without fees. Third, secure custody for USD1 and other approved stablecoins<\/a>, along with conversion at prevailing market rates. All operations will comply with the GENIUS Act, including strict anti-money laundering, sanctions screening, and advanced cybersecurity protocols.<\/p>\n

\n

World Liberty Financial Announces that WLTC Holdings LLC has Submitted an Application for a National Trust Bank Charter to Issue and Custody USD1 Stablecoins \ud83e\udd85\u261d\ufe0fhttps:\/\/t.co\/ulapagYLYq<\/a><\/p>\n

\u2014 WLFI (@worldlibertyfi) January 7, 2026<\/a><\/p>\n<\/blockquote>\n

Mack McCain, general counsel of World Liberty Financial and proposed trust officer of WLTC, emphasized the regulatory safeguards. \u201cThe OCC has supervised trust activities for over a century,\u201d he said. \u201cWLTC will operate under that same framework, with segregated customer assets, independent reserve management, and regular examinations. That gives banks, asset managers, and corporations the regulatory clarity they need to expand their use of USD1.\u201d<\/p>\n

Multi-Chain Reach and Real-World Impact<\/strong><\/h3>\n

USD1 is fully backed by U.S. dollars held at regulated institutions and short-duration Treasury obligations. The stablecoin operates across ten blockchain networks, including Ethereum<\/a>, Solana, BNB Smart Chain, TRON, Aptos, and AB Core. This multi-chain approach enables near-instant cross-border payments, tokenized settlement, and programmable payouts for enterprise clients. For example, a multinational corporation can pay suppliers in multiple countries using USD1 while avoiding traditional banking delays and fees.<\/p>\n

\n

The support since announcing our application for an OCC charter for USD1 has been incredible.<\/p>\n

We appreciate everyone who\u2019s reached out, engaged, and backed the vision.
\nThis is just the beginning of what we\u2019re building \ud83e\udd85 \u261d\ufe0f<\/p>\n

\u2014 WLFI (@worldlibertyfi) January 8, 2026<\/a><\/p>\n<\/blockquote>\n

BitGo CEO Mike Belshe highlighted the ecosystem\u2019s early success. \u201cBitGo is proud to have supported USD1\u2019s rapid growth to over $3.3 billion in its first year and looks forward to continuing as a key strategic partner as WLTC becomes fully operational.\u201d<\/p>\n

<\/p>\n

Disclaimer<\/strong><\/h6>\n

The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer\/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.<\/p>\n<\/p><\/div>\n

Read More<\/a>
\n Thomas Guillemette<\/p>\n","protected":false},"excerpt":{"rendered":"

The firm announced that WLTC Holdings LLC has filed a de novo application with the Office of the Comptroller of the Currency to establish World Liberty Trust Company, National Association. The proposed trust bank, purpose-built for stablecoin operations, aims to issue USD1, the dollar-backed stablecoin that has surpassed $3.3 billion in circulation within its first<\/p>\n","protected":false},"author":1,"featured_media":883822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23436,644],"tags":[],"class_list":["post-883821","post","type-post","status-publish","format-standard","has-post-thumbnail","category-liberty","category-world"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/883821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=883821"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/883821\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/883822"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=883821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=883821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=883821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}