Why is Donald Trump’s World Liberty Financial (WLFI) is applying for a banking license right now?
On Jan. 7, Donald Trump’s World Liberty Financial (WLFI) formally utilized for a nationwide banking constitution to ascertain the “World Liberty Trust Company.” This is a proposed nationwide belief financial institution particularly designed to deal with USD1 stablecoin issuance, custody, redemption, and reserve administration. USD1 is WLFI’s flagship product, with greater than $3.3 billion in…
