OCC Grants World Liberty Financial a Conditional National Bank Charter: What It Means for USD1, Stablecoins, and US Crypto Banking in 2026
The Office of the Comptroller of the Currency (OCC) granted World Liberty Financial a conditional national trust bank charter on August 14, 2026, a move that pushes the Trump-family-linked firm and its USD1 stablecoin straight into the middle of the US banking system. The charter, approved for a “World Liberty National Trust” entity, is built around USD1, a dollar-pegged stablecoin that has already grown past roughly $4 billion in circulation. Reuters, CNBC, the Wall Street Journal, The Block, Politico, and Fox Business all covered the decision within a day, and for good reason: a national trust charter is not a crypto exchange license. It is a banking charter, and it changes what a stablecoin issuer is allowed to be in the United States. ...