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Recently, a leading exchange completed the launch of spot trading for the Binance Life and zkPass projects. Trading pairs officially opened at 14:00 UTC+0 on January 7, and both projects were granted seed tags.
Meanwhile, important progress has also been reported for World Liberty Financial(WLFI), supported by the family of U.S. President Trump. The company has officially submitted an application to U.S. regulators to establish a nationwide trust bank subsidiary focused on stablecoin operations. The entire application framework fully complies with the federal (GENIUS Act) regulations.
Interestingly, if WLFI's banking plan is approved, it will initially offer fee-free USD-pegged services—that is, a 1:1 exchange of stablecoins for USD. This type of operation has precedents in the cryptocurrency industry, with several crypto companies previously obtaining similar trust bank licenses.
This move appears to be very strategic. It signifies that stablecoins are gradually evolving from pure crypto assets into regulated financial instruments embedded within the traditional banking system. For the entire industry, this not only advances compliance but also signals a new expansion of stablecoin application scenarios.