World Liberty Financial's subsidiary, World Liberty Trust, officially submitted a de novo application to the U.S. Office of the Comptroller of the Currency on January 7th, with plans to apply for a national trust bank license in the United States. This move lays a compliant foundation for the operation of its USD1 stablecoin. By obtaining federal trust bank status, the institution is expected to gain a broader scope of business permissions within the U.S. financial system. This also reflects that stablecoin issuers are seeking recognition from U.S. regulators through formal channels, promoting the institutionalization of the industry.

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ProxyCollectorvip
· 1h ago
Hey, finally someone is using the official channels. Now that's the way to do it.
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MetaEggplantvip
· 01-08 01:54
Finally, someone is taking the proper route. It's much more comfortable than those skirting the edge.
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ConsensusBotvip
· 01-08 01:53
It's rolled up and starting to play the official military style. But getting a federal license is the real skill; right now, it's just in the application stage. Don't celebrate too early.
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AirdropBuffetvip
· 01-08 01:46
Oh no, it looks like we're really heading towards the official route now. It seems like stablecoins are all vying for a "ID card."
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DefiEngineerJackvip
· 01-08 01:38
Well, *actually* if you look at the regulatory framework here... de novo applications are non-trivial endeavors. Curious whether they've formally verified their reserve mechanisms or if this is just regulatory theater to pump USD1.
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SandwichDetectorvip
· 01-08 01:35
Hmm, the compliance routine... It's all about applications, licenses, and federal this and that... It always feels like stablecoins are just playing the "I'm very legitimate" game.
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