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OCC Grants World Liberty Trust Conditional Preliminary Charter to Support USD1 Stablecoin Custody

Aug 14, 2026By ClusterWire.news· AI-assisted news brief

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].

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