World Liberty Financial Applies for OCC Trust Bank Charter [Yahoo! Finance]
PayPal Holdings, Inc. (PYPL)
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Source: Yahoo! Finance
Office of the Comptroller of the Currency to form a national trust bank. The proposal seeks to place its USD1 stablecoin under direct federal supervision in a regulatory category that has admitted only one other crypto-native firm to date. If approved, the proposed entity named as World Liberty Trust Company, will be allowed to “take over the issuance and redemption of USD1, offer conversion services from other major stablecoins into USD1, offer custody services for fiat and major stablecoins, and perform the reserve management for the assets backing outstanding USD1,” Mack McCain, general counsel of World Liberty Financial, and proposed trust officer for WLTC, overseeing fiduciary operations, told Decrypt Stablecoins are cryptocurrencies designed to track the value of a reference asset, most commonly the U.S. dollar, and in some cases other currencies or commodities, to enable price-stable digital payments and settlement. “We want to do all of this in a highly regulated, tran
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PYPL
Earnings
- 10/28/25 - Beat
PYPL
Sec Filings
- 1/16/26 - Form 4
- 1/16/26 - Form 4
- 1/16/26 - Form 4
- PYPL's page on the SEC website