2026-01-07 22:20:11

Recently, there has been an interesting development—World Liberty Trust, a subsidiary of World Liberty Financial, submitted a de novo application to the Office of the Comptroller of the Currency (OCC) on January 7th, aiming to obtain a national trust bank license in the United States.

Why do this? Essentially, it's to secure the right to directly issue and custody their USD1 stablecoin. It sounds quite technical, but the core logic is simple: with a license, they can operate stably within the legal framework.

According to the plan, if the application is approved, this trust bank will gradually develop crypto asset custody and stablecoin exchange services, mainly targeting institutional clients. This means the application scenarios for stablecoins are continuously expanding, from retail trading to institutional asset management, and the ecosystem is gradually maturing.

From an industry perspective, this reflects a trend towards more regulated development in crypto finance—compliance operations, institutional participation, and official recognition are gradually becoming the new normal in the industry.

USD10,01%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
10
Repost
Share

Comment

0/400

GetRichLeek

· 01-10 22:08

Damn, isn't this just copying the concept of bottom-fishing for compliance? I mentioned before that stablecoins are the next hot spot, and it seems that some people have indeed been laying low in advance.

View OriginalReply0

MidnightGenesis

· 01-10 17:18

On-chain data shows that the timing of this operation is interesting... Submitted on January 7th, keep an eye on subsequent contract changes.

View OriginalReply0

0xOverleveraged

· 01-09 23:44

Licensing is really the gateway to integrating traditional finance; once OCC approves, it basically means compliance is no longer an issue. Stablecoins are moving from the gray area to the mainstream, feeling like a step closer to real large-scale adoption. Honestly, I'm more concerned about whether the USD1 will truly remain stable after it passes, and not some unexpected surprises. Institutions are rushing to enter the market, and the feeling of retail investors being marginalized is becoming more obvious. If this really happens, the entire industry's credit system might need to be rebuilt. Just thinking about it is a bit exciting.

View OriginalReply0

ProofOfNothing

· 01-09 09:51

Another one seeking a license, this time aiming for the US trust bank. As for stablecoins, it seems we really have to gradually follow the official route. By the way, it's hard to say whether USD1 can survive until the day they get the license. Will the OCC approval be quick? Compliance is easy to talk about, but when it comes to actual implementation, there are all kinds of pitfalls. Let's wait and see. Institutional entry is a good thing, but let's not turn it into a new way to harvest retail investors.

View OriginalReply0

ProxyCollector

· 01-07 22:50

Damn, are we really about to go mainstream now? Compliance is indeed the trend, but will OCC approve it? USD1 wants to follow the official route, and he's got the ambition for it. However, if institutional trust increases, stablecoins can really turn things around. Feeling a bit anxious, it seems the era of wild growth in the crypto world is coming to an end. It's called standardization in a nice way, but basically it's being tamed. If this passes, other stablecoin projects will be panicking. It feels like the US is starting to take control of the narrative around cryptocurrencies. Having a license gives you a "legal cloak," but real power still lies in Wall Street. I bet five bucks that OCC will agree; the institutionalized crypto era is coming.

View OriginalReply0

SchrodingerWallet

· 01-07 22:39

Honestly, I believe in this approach. Standardization is the key to long-term success. Stablecoins need to be mainstream first and foremost through compliance; otherwise, they will always remain in the "gray area." The question is whether OCC will actually approve it, given how unpredictable policy directions are. It seems that institutional involvement is the real signal; retail players have been saturated for a long time. Ugh, another name with "stability"... I'm tired of hearing it. If this passes, the ecosystem could indeed reach a new level, but it depends on how long it can truly operate. Compliance isn't necessarily a good thing; it might even restrict us. The US approval process is painfully slow; we might have to wait more than half a year. It always feels like they're fighting for influence rather than truly considering users. At the end of the day, stablecoins still rely on credit support, and licenses are just so-so. I see no hope for institutional-level application scenarios; the costs are too high and lack advantages.

View OriginalReply0

ETHReserveBank

· 01-07 22:37

Damn, is this really the moment to get out? Once the compliant path is paved, there's no turning back. Wait, will OCC really approve? It doesn't seem that simple. With stablecoins backed by official institutions, are retail investors' good days coming? If this passes, will institutional funds rush in and cause an explosion? But on the other hand, stablecoins managed by OCC... it still feels like something's missing from the crypto vibe. Everyone's building empires, and we're still just trading coins.

View OriginalReply0

MissedAirdropBro

· 01-07 22:33

It's the same old trick, just using licenses for endorsement. Stablecoins, to put it plainly, still come down to money. Why does it feel more and more like traditional finance? Is this still the Web3 we want? Compliance is a good thing, but don't over-regulate. We've lost our original intention. If this gets truly approved this time, will there be a bunch of follow-the-leader applications?

View OriginalReply0

ForeverBuyingDips

· 01-07 22:20

Once again, it's about getting the license. Only if it gets approved does it count. Wait, is this time really about going legit? That's interesting. Sounds nice, but ultimately it still depends on OCC's approval. Stablecoins are becoming more legitimate, which is a good thing, right? But what kind of tricks can USD1 pull off? Let's wait and see. Compliance? Sounds like a psychological comfort for retail investors. Institutional participation has been ongoing; applying now is a bit late. If this really gets approved, the stablecoin sector will undergo another reshuffle.

View OriginalReply0