World Liberty Financial ($WLFI) is on the brink of securing a U.S. national trust bank license, a development that would let the DeFi venture linked to former President Donald Trump issue its own USD‑pegged stablecoin and expand crypto‑related services.
Regulatory Advancement
According to NOTUS, the Office of the Comptroller of the Currency (OCC) is expected to issue a final ruling on WLFI’s application within weeks. Two former OCC staff members, speaking anonymously, described approval as “highly probable.” The forthcoming license would empower WLFI to manage reserves, provide blockchain custody, and operate payment and clearing functions under a unified federal framework.
Market Implications
Should the trust bank charter be granted, WLFI could launch the USD1 stablecoin, maintaining a strict $1 peg and offering investors a regulated crypto alternative. The authority would also enable the issuance and repurchase of bonds valued at $1, potentially attracting institutional capital to the project. Despite strong odds of approval, Senator Elizabeth Warren and several banking groups have lodged objections, citing conflict‑of‑interest and national‑security concerns.