World Liberty Financial is nearing conditional approval for a national trust bank license, according to co-founder Zach Whitcoff. As of January 6, 2026, World Liberty Trust Company, N.A. is listed among the pending applications on the website of the U.S. Office of the Comptroller of the Currency.
If approved, the structure will be able to issue and redeem USD1, manage token reserves, and provide digital asset custody services to institutional clients. The reserves are planned to be held in dollars in accounts at financial institutions, in money market funds with U.S. government securities, and in cash equivalents.