OCC Grants World Liberty Trust Conditional Preliminary Charter to Support USD1 Stablecoin Custody
The U.S. Office of the Comptroller of the Currency (OCC) granted World Liberty Trust Co. “preliminary conditional approval” for a national trust bank charter, according to reports published Friday [1] [2].
The company is described as seeking to use the charter to issue and custody its USD1 stablecoin for institutional clients nationwide, and to provide digital asset custody services, while not intending to become a federally insured depository institution or a bank under the Bank Holding Company Act [3] [4].
Anonymous feedback used to improve internal story ranking. No public totals are shown.
Share
Share this article
Share this article on social platforms.
Support ClusterWire
If you find ClusterWire useful, tips help cover hosting and infrastructure costs.
We record anonymous interactions with tip buttons to understand feature usage. We do not include IP addresses, user-agent strings, or wallet addresses in these tip analytics. Blockchain transactions are public and may reveal the sending address.
Sources
Review the sources used to produce this brief. Citations open the referenced material in a new tab.
- 1Trump-backed World Liberty wins conditional bank charter from federal regulatorCoinDesk• Aug 14, 2026
- 2OCC grants World Liberty Trust conditional preliminary bank charter approvalCrypto Briefing• Aug 14, 2026
- 3World Liberty Trust Wins Preliminary OCC Approval for National Trust Bank CharterWu Blockchain• Aug 14, 2026
- 4World Liberty Gets Conditional OCC Approval to Issue USD1 Through National Trust BankCryptoProwl.com• Aug 14, 2026
Topics
Related Topics
Topics identified from the sources associated with this article.