Trump’s World Liberty Financial is reportedly close to an OCC federal trust bank charter potentially the first of its kind for a stablecoin issuer in US history.

The Block⁠ reports WLTC (WLFI subsidiary) filed in Jan 2026 to create a national trust bank for USD1 issuance, reserves, custody, and USD ↔ USD1 settlement.
Two former OCC staffers reportedly called approval nearly guaranteed, though it’s still unconfirmed.
If approved, USD1 $4.6B reserves would move into a federally supervised banking framework, changing how institutional risk is assessed.
June is already its most active deployment month, this would just add a stronger regulatory layer underneath it.