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Trump-linked World Liberty Financial wins OCC bank approval as $112 million DeFi position sits near liquidation
By Gino Matos at 2026-10-03 04:55
Sentiment: Positive
The Office of the Comptroller of the Currency (OCC) gave World Liberty Financial, a DeFi venture associated with President Donald Trump, preliminary conditional approval to charter a national trust bank built around its roughly $4 billion USD1 stablecoin. World Liberty Trust Company would eventually handle USD1 issuance and reserve custody directly, moving both under federal […] The post Trump-linked World Liberty Financial wins OCC bank approval as $112 million DeFi position sits near liquidation appeared first on CryptoSlate. Continue reading...
Categories: Debt
Tags: #Debt #DeFi #Featured #Lending #Regulation #Stablecoins
Source CryptoSlate