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World Liberty Trust gets conditional US bank charter to issue USD1 stablecoin.

Market News
14 Aug 2026
Coindesk
View Source
Bullish
pluang ai news

The U.S. Office of the Comptroller of the Currency (OCC) granted World Liberty Trust Company a preliminary conditional bank charter, allowing it to operate as a national trust bank. This approval enables World Liberty to issue the USD1 stablecoin, taking over from BitGo Bank & Trust. The decision follows scrutiny due to the company's ties to former President Donald Trump and concerns from lawmakers. Final approval depends on meeting further regulatory requirements, and the bank will not be federally insured or have Federal Reserve master account access.

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