Trump-Linked World Liberty seeks US trust bank charter for Stablecoin USD1

The proposed trust bank would operate solely within stablecoin services under OCC supervision. USD1 has reached over $3. 3 billion in circulation within a year of launch. The stablecoin is fully backed by US dollars and short-term US Treasury assets source: https://coinjournal.net/news/trump-linked-world-liberty-seeks-us-trust-bank-charter-for-stablecoin-usd1/