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Crypto

OCC Gives Conditional Approval to World Liberty Trust Company

Guavy AI Editorial Team
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World Liberty Financial has received preliminary conditional approval from the Office of the Comptroller of the Currency (OCC) to establish World Liberty Trust Company, a national trust bank focused on managing the USD1 stablecoin.

The bank will oversee issuance, redemption, reserves, and institutional digital asset custody under federal supervision.

USD1 stablecoin has over $4 billion in circulation and is available on major crypto exchanges.

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