Source: CryptoSlate ↗
Trump-linked World Liberty Financial wins OCC bank approval as $112 million DeFi position sits near liquidation
What the source reports
The Office of the Comptroller of the Currency (OCC) gave World Liberty Financial, a DeFi venture associated with President Donald Trump, preliminary conditional approval to charter a national trust bank built around its roughly $4 billion USD1 stablecoin. World Liberty Trust Company would eventually handle USD1 issuance and reserve custody directly, moving both under federal […]The postTrump-linke...
Read the original report on CryptoSlate ↗Live market context
USD1 USD1
$1.00
+0.00% · 24h
5 supported listings
DEFI Defi
$0.0000801
-48.32% · 24h
2 supported listings
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