World Liberty Financial's new trust company to seek a U.S. banking license. @worldlibertyfi launched in October 2024 with the backing of President Trump and his family. In March 2025, the protocol launched its #USD1 stablecoin. In December, the OCC granted conditional approvals to Circle, Ripple, BitGo, Fidelity Digital Assets, and Paxos, which had applied for the federal charter needed to become trust banks.

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