Trump linked World Liberty Financial gets preliminary OCC approval for national trust bank

OCC Grants World Liberty Financial Preliminary Conditional Approval to Establish National Trust Bank for USD1…

OCC granted World Liberty Financial preliminary conditional approval to establish a national trust bank (WLTC) for USD1 stablecoin operations, with $4 billion already in circulation. Federal regulatory oversight of reserve management and institutional custody legitimizes stablecoin infrastructure at scale and signals broader enterprise DeFi adoption.