Trump-linked crypto company applies for federal banking charter
https://www.politico.com/news/2026/01/07/world-liberty-financial-banking-charter-00715408
World Liberty Financial, the crypto firm affiliated with President Donald Trump’s family, announced Wednesday that it has applied for a banking charter with the Office of the Comptroller of the Currency.
According to the company, they intend to use a national trust charter to issue USD1, the company’s dollar-backed stablecoin, and to allow customers to more readily use and convert the cryptocurrency.