According to *The Wall Street Journal*, World Liberty Financial stated that its subsidiary, World Liberty Trust, submitted a de novo application to the U.S. Office of the Comptroller of the Currency (OCC) on January 7, seeking a national trust bank license in the U.S. to enable the direct issuance and custody of its USD stablecoin, USD1. The company mentioned that if the application is approved, the trust bank will gradually roll out crypto asset custody and stablecoin exchange services, primarily catering to institutional clients. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=54740