WLFI Secures Federal Trust Bank Charter Status Amid OCC Approval

World Liberty Financial (WLFI) is on track to secure a significant regulatory milestone in the United States. The company's application to operate as a federal trust bank has been under review by the Office of the Comptroller of the Currency (OCC), and officials reportedly view approval as a near-certain outcome.

The OCC has granted similar charters to crypto-focused firms like Anchorage Digital and Protego Trust, establishing a regulatory pathway for digital asset custodians and service providers. If approved, WLFI would gain the ability to issue and redeem its stablecoin, USD1, directly under federal oversight, reducing reliance on state-level licenses or third-party banking partners.

The expected approval of WLFI's federal trust bank charter marks a notable development in the integration of digital assets into the US banking system. While the OCC has not yet issued a public announcement, the reported certainty among agency officials suggests that an official decision is imminent.