MIAMI--(BUSINESS WIRE)--World Liberty Financial today announced that the Office of the Comptroller of the Currency (OCC) has granted preliminary conditional approval to organize World Liberty Trust Company, National Association (WLTC), a de novo national trust bank purpose-built for stablecoin operations. WLTC would be organized by its sponsor, WLTC Holdings LLC. Upon opening, WLTC will operate as a national trust bank under federal supervision, engaging in the issuance and redemption of USD1,
OCC Grants World Liberty Financial Preliminary Conditional Approval to Establish National Trust Bank for USD1 Stablecoin Operations
