Trump-linked World Liberty Financial wins OCC bank approval as $112 million DeFi position sits near liquidation
The Office of the Comptroller of the Currency (OCC) gave World Liberty Financial, a DeFi enterprise related to President Donald Trump, preliminary conditional approval to constitution a nationwide belief bank constructed round its roughly $4 billion USD1 stablecoin. World Liberty Trust Company would finally deal with USD1 issuance and reserve custody instantly, transferring each below…
