WLFI Moves Toward a National Bank License as Crypto Enters the U.S. Regulatory Core

WLFI Launches Bank Charter Application, Strategically Positioning for the Next Phase of Crypto Finance

(Source: worldlibertyfi)

According to international media reports, World Liberty Financial (WLFI)—a crypto venture associated with the Trump family—has, through its entity World Liberty Trust, formally submitted a de novo bank application to the US Office of the Comptroller of the Currency (OCC). The objective is to secure a national bank charter. If granted, this trust bank will progressively introduce crypto asset custody and stablecoin exchange services, focusing primarily on institutional clients.

Regulatory Clarity Sets the Stage for Application

WLFI’s initiative aligns with the ongoing formalization of US crypto regulation. With the GENIUS Act and CLARITY Act expected to be enacted in the second half of 2025, private institutions will, for the first time, have clear federal legal grounds to issue stablecoins and offer crypto asset custody. The OCC has already approved several digital asset firms—including Ripple and Circle—as federally chartered trust banks, establishing a replicable compliance pathway.

This shift enables crypto firms to operate as official banks within the US financial system, eliminating the need to navigate regulatory gray areas.

Beyond Stablecoin Issuance: Building a Comprehensive Financial Ecosystem

Strategically, WLFI is not simply launching a single stablecoin, USD1. The broader goal is to leverage a bank charter to create a complete financial infrastructure encompassing issuance, custody, and exchange. Crypto asset custody stands out as one of the most urgent entry points for traditional finance, offering substantial long-term value and presenting significant barriers to entry.

Combining stablecoin issuance with a licensed banking structure means reserve management and redemption processes fall directly under federal oversight. This compliance endorsement is highly attractive to institutional clients and can significantly boost market confidence.

Political Connections as a Subtle Advantage

WLFI’s close relationship with the Trump family turns its strategy into more than a business move—it carries clear political significance. With Trump’s potential return to the presidency, the team is prioritizing banking and stablecoin infrastructure over short-term speculation, signaling a commitment to advancing crypto adoption through institutional channels. These political ties could provide notable advantages in policy interpretation, regulatory engagement, and the licensing process.

The Era of Licensed Competition Is Emerging

From an industry-wide perspective, WLFI’s application is not an isolated event. As regulatory guidelines become clearer, leading financial institutions like Citigroup and JPMorgan Chase are evaluating stablecoin and crypto service opportunities. Positive signals from the OCC regarding banks’ involvement in crypto custody are accelerating this trend. The competitive focus in crypto finance is shifting away from technology and user growth toward licensing, compliance, and financial capital strength.

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Summary

WLFI’s pursuit of a national bank charter marks a pivotal step toward regulatory compliance and reflects the maturation of the US crypto finance market. As regulatory frameworks clarify, traditional financial leaders enter the space, and competition among licensed entities intensifies, the crypto industry is moving into a new era defined by compliance, licensing, and institutionalization. WLFI’s strategic positioning underscores the shift from pure speculation to structured operations in crypto finance, offering a valuable blueprint for other firms.