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Trump Family-Linked Trust Gets Conditional Approval To Set Up a Bank. It Could Issue Its Own Stablecoins.

  • Posted on August 17, 2026
  • By International Business Times
  • 1 Views
  • 1 min read
In brief

World Liberty Trust Company has received preliminary approval from the U.S. Treasury Department's Office of the Comptroller of the Currency to establish a bank charter. This significant development marks a potential pathway for the Trump-affiliated entity to enter the banking sector and potentially issue its own stablecoins. The conditional approval represents a major step in the organization's expansion into financial services and digital currency infrastructure.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Trump Family-Linked Trust Gets Conditional Approval To Set Up a Bank. It Could Issue Its Own Stablecoins.
Trump Family-Linked Trust Gets Conditional Approval To Set Up a Bank. It Could Issue Its Own Stablecoins.

The Treasury Department's Office of the Comptroller of the Currency granted preliminary approval to World Liberty Trust Company to establish a bank charter.
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Author
International Business Times

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