World Liberty Trust seeks U.S. bank charter; USD1 market cap reaches $3.4 billion

On January 8, 2026, World Liberty Financial said its subsidiary World Liberty Trust filed for a U.S. national bank charter to oversee USD1 stablecoin issuance and custody. USD1 is currently held by BitGo, has a market value of $3.4 billion, and is backed by U.S. dollar deposits and short-term U.S. government bonds.