World Liberty Financial announces that WLTC Holdings LLC has submitted an application for a National Trust Bank Charter to issue and custody USD1 stablecoins.

"WLTC plans to offer three core services under federal supervision: -Stablecoin issuance and redemption: Minting and redeeming USD1 with no fees at launch -On-ramp and off-ramp services: Converting between U.S. dollars and USD1 with no fees at launch -Custody and conversion: Secure custody for USD1 and other accepted stablecoins, with conversion services at prevailing market rates"

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• NCRC's Comment On World Liberty Trust Company National Trust ... (ncrc.org)
• [PDF] World Liberty Trust Company, National Association - OCC.gov (occ.treas.gov)
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• Trump-founded crypto firm seeking national trust bank charter (thebankslate.com)
• [PDF] Application for New Bank Charter for World Liberty Trust Company ... (ourfinancialsecurity.org)

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