WLTC Holdings has made a significant move by filing for a national trust bank charter, paving the way for the establishment of World Liberty Trust Company. The goal is straightforward: enable the issuance, custody, and conversion of USD1, their dollar-backed stablecoin, all under federal regulatory oversight.

This development marks an important step in bringing stablecoin operations under proper compliance frameworks. With a federal trust bank charter, the platform gains the legitimacy to handle custody services and manage the stablecoin infrastructure at scale. It's a concrete example of how crypto projects are moving toward traditional financial regulation.

USD1 is already gaining traction in the market, and this charter application suggests the team behind World Liberty Financial is serious about building sustainable, regulation-compliant infrastructure. The move reflects a broader industry trend where stablecoin projects seek banking charters and regulatory approval to ensure operational stability and user protection.