A significant development in the crypto banking space: World Liberty Financial has submitted an application for a national trust bank charter. This move would grant them the regulatory authority to issue and custody USD1, a stablecoin initiative. The charter represents a major step toward mainstream financial integration, bridging traditional banking infrastructure with digital currency frameworks. Such regulatory approvals could reshape how stablecoins operate under institutional safeguards, setting precedent for other projects seeking legitimate banking credentials. This filing underscores growing institutional interest in combining crypto innovation with traditional financial compliance.
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.
9 Likes
Reward
9
5
Repost
Share
Comment
0/400
RugDocDetective
· 01-10 23:39
Oh no, here we go again? Compliance, compliance, isn't it all just to pave the way for harvesting retail investors?
View OriginalReply0
BearMarketLightning
· 01-09 13:02
Another one aiming to get a banking license? Truly daring to dream.
View OriginalReply0
NftBankruptcyClub
· 01-08 03:31
Bro, it looks like we're really going to embrace regulation now. It feels like the era of wild growth for stablecoins is coming to an end.
View OriginalReply0
UncleWhale
· 01-08 03:30
Does WLF need to get a license? Now stablecoins are really going to go mainstream. Traditional finance is being forced to make concessions to crypto.
View OriginalReply0
MoonlightGamer
· 01-08 03:29
Another one aiming for a license, will this one succeed?
A significant development in the crypto banking space: World Liberty Financial has submitted an application for a national trust bank charter. This move would grant them the regulatory authority to issue and custody USD1, a stablecoin initiative. The charter represents a major step toward mainstream financial integration, bridging traditional banking infrastructure with digital currency frameworks. Such regulatory approvals could reshape how stablecoins operate under institutional safeguards, setting precedent for other projects seeking legitimate banking credentials. This filing underscores growing institutional interest in combining crypto innovation with traditional financial compliance.