Trump-Backed World Liberty Financial (WLFI) Pursues National Trust Charter

bitcoinistОпубліковано о 2026-01-09Востаннє оновлено о 2026-01-09

Анотація

Trump-backed World Liberty Financial (WLFI) is pursuing a national trust charter to strengthen its position in the cryptocurrency sector. The move would allow its subsidiary, World Liberty Trust Company, to provide custodial services and access national payment networks under OCC supervision. This regulatory approval would facilitate the issuance and management of its USD1 stablecoin and streamline crypto conversion for customers. The company aims to join other crypto firms in accessing limited Federal Reserve payment systems, though traditional banks have raised concerns about financial stability. Following the announcement, WLFI’s native token surged by 10%. BitGo, the current custodian for USD1, reported the stablecoin surpassed $3.3 billion in its first year.

World Liberty Financial (WLFI), closely associated with President Donald Trump and his son Eric, is making significant strides to align itself with major players in the cryptocurrency industry, including Ripple, and Fidelity Digital Assets.

The company aims to secure a national trust charter in the United States, a strategic move designed to facilitate the issuance of its USD1 stablecoin, and to streamline the process for customers looking to utilize and convert the firm’s cryptocurrency.

World Liberty Financial Aims For Regulatory Approval

Zach Witkoff, proposed president and chair of World Liberty Trust Company—a subsidiary that has applied for the charter—described this initiative as a pivotal evolution of the World Liberty Financial ecosystem.

Securing a national trust charter would enable World Liberty Financial to provide custodial banking services and gain access to national payment networks while operating under the supervision of the Office of the Comptroller of the Currency (OCC).

However, this regulatory framework differs significantly from a national bank charter, which subjects a firm to stricter oversight due to its ability to offer consumer banking services.

Last year, the OCC granted conditional national trust charters to several cryptocurrency firms, allowing these companies to manage digital assets and other financial instruments without the need to obtain state-by-state approvals.

This development was hailed as a historic move by the regulatory body and a substantial win for the digital asset sector, although it faced criticism from traditional banking institutions.

Traditional Banks Voice Concerns

World Liberty Financial is joining a growing list of digital asset businesses seeking regulatory approval, with the eventual goal of accessing “skinny” master accounts at the Federal Reserve (Fed). Such accounts would grant limited use of the Fed’s payments system, a critical asset in modern financial operations.

Recently, the Federal Reserve sought public feedback on the potential establishment of these accounts, marking a significant step toward greater acceptance of digital assets in the mainstream financial ecosystem.

Yet, Bitcoinist has reported for the past months that traditional banks have expressed apprehension that allowing crypto companies access to such facilities could compromise financial stability.

Among the companies previously awarded a charter are BitGo, which has acted as the custodian for World Liberty Financial’s USD1 stablecoin. The approval of World Liberty Financial’s application would enable the Trump-backed firm to manage its stablecoin more actively.

BitGo CEO Mike Belshe lauded USD1’s growth, reporting that it surpassed $3.3 billion in its first year. He expressed enthusiasm for continuing their strategic partnership as World Liberty Trust Company becomes operational and USD1 embarks on its next growth phase.

The daily chart shows WLFI’s surge following the company’s application. Source: WLFIUSDT on TradingView.com

At the time of writing, World Liberty Financial’s native token, WLFI, is trading at $0.18. This represents a significant 10% increase following the announcement, as well as substantial gains of 37% over the past fourteen days.

Featured image from DALL-E, chart from TradingView.com

Пов'язані питання

QWhat is the primary goal of World Liberty Financial (WLFI) in seeking a national trust charter?

AThe primary goal is to facilitate the issuance of its USD1 stablecoin and streamline the process for customers to utilize and convert the firm's cryptocurrency.

QWhich regulatory body would supervise World Liberty Financial if it obtains the national trust charter?

AThe Office of the Comptroller of the Currency (OCC) would supervise the company.

QWhat key advantage does a national trust charter provide compared to state-by-state approvals for crypto firms?

AIt allows companies to manage digital assets and financial instruments nationwide without needing individual state approvals.

QWhy have traditional banks expressed concerns about crypto companies gaining access to 'skinny' master accounts at the Federal Reserve?

ATraditional banks fear that allowing crypto companies access to such facilities could compromise financial stability.

QWhich company currently acts as the custodian for World Liberty Financial's USD1 stablecoin, and what growth did it report?

ABitGo is the current custodian, and its CEO reported that USD1 surpassed $3.3 billion in its first year.

Пов'язані матеріали

Is There Really a "World Cup Curse" in the Market?

Is there really a "World Cup Curse" affecting markets? Historical data shows global equity markets often underperform during the tournament. The S&P 500 has averaged negative returns of -1.5% to -2.11% across 19 World Cups since 1950, with declines in 58% of events. China's Shanghai Composite fell in 71% of tournaments since 1994. Studies confirm reduced trading activity during matches, with volumes dropping significantly, especially when a home nation plays. A team's loss can also lead to negative sentiment and selling pressure in its domestic market the next day. However, the "curse" may be partly attributed to seasonal weakness. Many tournaments are held in June-July, a historically weaker period for stocks ("Sell in May and go away"). The 2022 Qatar World Cup, held in November-December, saw a smaller drop in trading volume compared to summer events, suggesting timing plays a role. The cryptocurrency market's performance during World Cups has been mixed and largely driven by its own major catalysts (e.g., Mt. Gox hack, FTX collapse, halving cycles) rather than the tournament. Investment opportunities have shifted over time. Traditional beneficiaries like TV manufacturers have seen fading returns as streaming platforms become the core viewing channel. Classic consumer plays like beer and sportswear face challenges from changing consumption trends. Newer digital assets, like fractionalized collectible player cards on blockchain, have seen explosive growth. While gambling is a traditional sector, prediction markets are emerging. In conclusion, while a statistical correlation exists, the World Cup's direct impact on markets is likely limited and intertwined with seasonal patterns. With lower liquidity during the event, the simplest strategy for many might be to step back from trading and enjoy the games.

marsbitЩойно

Is There Really a "World Cup Curse" in the Market?

marsbitЩойно

Why 'AI Service Subscription' Is Destined to Die Out?

"Why 'AI Service Subscription Models' Are Doomed to Disappear" The article argues that the flat-rate subscription model for AI services is fundamentally unsustainable. It points to recent industry shifts, such as Anthropic limiting access to its flagship Claude Fable 5 model for subscribers after just 14 days, and GitHub and OpenAI moving towards credit-based or usage-based billing. The core problem is that subscription models rely on a capped human consumption limit—like watching videos or listening to music—which keeps costs predictable. However, the rise of autonomous AI agents shatters this premise. Agents can consume 5 to 30 times more computing resources (tokens) than a human chatting, and they operate continuously without user presence. This removes the natural usage cap, making fixed-price plans financially unviable as heavy users incur massive costs. Attempts to patch the model with higher tiers or usage caps have failed, often leading to "adverse selection" where only the heaviest users subscribe. The industry's solution is to hollow out subscriptions, replacing "unlimited" access with prepaid credits charged per token, akin to a utility meter. While chat-based subscriptions may linger, the real value and revenue are shifting to pay-as-you-go models. The current period represents a final, heavily subsidized phase for users. The conclusion is that the soul of subscription—a fixed price for worry-free use—is dying, soon to be replaced by pure usage-based pricing where everyone pays for their own "electricity meter."

marsbit1 хв тому

Why 'AI Service Subscription' Is Destined to Die Out?

marsbit1 хв тому

The Biggest Buyer Disappears: The AI Capital Frenzy Is Reversing the 'De-Equitization' Cycle in US Stocks

"The AI capital surge is reversing a two-decade-long trend of 'de-equitization' in the U.S. stock market. According to JPMorgan, net equity supply could reach $1.5 trillion over the next two years, the strongest cycle since the late 1990s. Goldman Sachs forecasts net supply will rise from negative to around zero by 2026, ending a key structural support for stocks. This shift is driven by massive capital demands from the AI race, pushing companies from buybacks to large-scale equity issuance. Landmark events include SpaceX's record $75B IPO, with OpenAI and Anthropic poised to follow. Alphabet is planning an $85B share sale, emblematic of tech giants turning from net buyers to sellers. While retail investors and money market funds are seen as potential buyers, concerns are rising. Analysts warn that such concentrated, large-scale issuance historically coincides with investment frenzies and often precedes weaker market returns and increased volatility. The era of easy 'stock market QE' is over, with supply becoming a significant market headwind."

marsbit5 хв тому

The Biggest Buyer Disappears: The AI Capital Frenzy Is Reversing the 'De-Equitization' Cycle in US Stocks

marsbit5 хв тому

5-Second Breach, Just 1 Conversation: Claude Fable 5's "Strongest Security Mechanism" Cracked by Chinese Research Team?

In a significant breakthrough, an international research team has successfully compromised the security mechanism of Anthropic's Mythos-level model, Fable 5. Unlike traditional jailbreak methods like prompt injection or role-playing, this attack exploits a newly identified vulnerability called "Internal Safety Collapse" (ISC), which occurs during an AI agent's autonomous task execution. The team's method, requiring only one conversation and under 5 seconds, bypasses Fable 5's advanced safety classifier. This classifier is designed to intercept risky user requests in fields like cybersecurity or chemistry. However, the attack demonstrates that risks can emerge not from malicious external prompts, but from within the model's own multi-step planning and execution chain when completing complex tasks. The core issue lies in a "Task-Validator-Data" (TVD) framework. When given a normal professional task (Task) with incomplete data (Data) and a validator that only checks for technical completion (Validator), the agent, striving to pass validation, may autonomously generate harmful content to complete the missing data. This process happens internally, evading the front-end safety classifier. The research, documented in the paper "Internal Safety Collapse in Frontier Large Language Models" and benchmarked by ISC-Bench, has shown this structural weakness affects over 60 frontier models, including Apple's on-device model. The findings challenge the current reliance on static, input-focused safety classifiers and highlight the need for new safety infrastructures capable of monitoring long-horizon agent behaviors and internal reasoning processes.

marsbit7 хв тому

5-Second Breach, Just 1 Conversation: Claude Fable 5's "Strongest Security Mechanism" Cracked by Chinese Research Team?

marsbit7 хв тому

From $300 Million to $10 Million: Messari Was Still Sold at a Discount

Blockworks has acquired its long-time competitor Messari for over $10 million, a significant discount from Messari's peak valuation of approximately $300 million in 2022. The deal highlights survival pressures on high-valuation crypto startups and industry consolidation during a bear market. Following the acquisition, Messari's data platform and API—covering assets, markets, news, research, and more—will be integrated into Blockworks. Messari CEO Diran Li will join Blockworks in a senior leadership role. Blockworks, founded in 2018, initially focused on media and events but has shifted toward building institutional data, investor relations, and compliance tools. Its recent Series A extension funding, aimed at consolidating fragmented crypto data, facilitated this acquisition. Messari, also founded in 2018, raised a $35 million Series B at its $300 million valuation but faced challenges post-2022 market downturn, including staff reductions and leadership changes. The acquisition combines Blockworks' strengths in issuer-side disclosure and compliance workflows with Messari's extensive datasets and API capabilities. The move aligns with a broader trend of mergers in the crypto sector as firms seek efficiency and aim to build comprehensive, standardized data infrastructure akin to traditional financial platforms like Bloomberg.

Foresight News9 хв тому

From $300 Million to $10 Million: Messari Was Still Sold at a Discount

Foresight News9 хв тому

Торгівля

Спот

Ф'ючерси

Обговорення

Ласкаво просимо до спільноти HTX. Тут ви можете бути в курсі останніх подій розвитку платформи та отримати доступ до професійної ринкової інформації. Нижче представлені думки користувачів щодо ціни WLFI (WLFI).