World Liberty Financial is on the verge of receiving conditional approval for a national trust bank license, as revealed by co-founder Zach Whitcoff. The company’s application is currently listed as pending on the U.S. Office of the Comptroller of the Currency's website as of January 6, 2026.
Upon approval, World Liberty Trust Company, N.A. will have the authority to issue and redeem USD1, manage token reserves, and offer digital asset custody services tailored for institutional clients. The reserves are expected to be maintained in U.S. dollars across various financial institutions, money market funds that invest in U.S. government securities, and other cash equivalents.
