Key Takeaways World Liberty won conditional OCC approval Aug. 14 for its $4 billion USD1 operation. OCC requires World Liberty Trust to hold at least $20 million in tier 1 capital. World Liberty has 18 months to open its bank after clearing OCC requirements. The Aug. 14 decision gives World Liberty Trust Company, National Association, a route to bring USD1 issuance, redemption, reserve management and digital asset custody in-house. The proposed bank would operate from Bay Harbor Islands, Florida, but no doors open until the OCC’s lengthy pre-opening checklist is cleared. World Liberty Moves USD1 Closer to Home World Liberty …

