Trump Family Crypto Firm on Track for Massive Government Boost

World Liberty Financial, the decentralized finance platform co-founded by Eric and Donald Trump Jr., is on track to receive a national bank trust charter. According to two former staffers at the Office of the Comptroller of the Currency, it's 'inconceivable' that World Liberty Financial wouldn't be approved for the charter.

The approval would allow the company to issue its USD1 stablecoin directly to American consumers, sidestep liquidity requirements, and settle financial transactions like Venmo or PayPal. This could potentially give the Trump family a significant cut of revenue from these activities.

World Liberty Financial has claimed that none of its leadership or employees work for the U.S. government, and there are no conflicts of interest. However, Eric and Donald Jr. are the company's co-founders, while Barron serves as a 'Web3 Ambassador,' and Donald Trump is listed as the 'chief crypto advocate.'

The president has a significant stake in World Liberty Financial through an LLC that owns 38% of the shares in a holding company behind the platform. In June 2025, Trump reported earning $57 million from the company in 2024.