OCC Grants Conditional Approval for World Liberty Trust Bank to Handle Stablecoin Operations and Digital Asset Custody
OCC Grants Conditional Approval for World Liberty Trust Bank to Handle Stablecoin Operations and Digital Asset Custody
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The Office of the Comptroller of the Currency (OCC) has provided preliminary conditional approval for World Liberty Trust Company, National Association, to operate as a national trust bank. This new entity is set to focus on critical services including USD1 stablecoin issuance and redemption, as well as broader digital asset custody services.
The OCC issued preliminary conditional approval on August 14, 2026, for World Liberty Trust Company, National Association, to charter as a national trust bank handling USD1 stablecoin issuance, redemption, and digital asset custody services.