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Woofun AI reports that World Liberty Financial is nearing approval for a trust bank license from the Office of the Comptroller of the Currency. This regulatory advancement will empower the project to deploy a direct issuance and redemption framework for its USD1 stablecoin, significantly upgrading on-chain settlement efficiency.
Concurrently, this move signals a strategic pivot toward regulated financial infrastructure, potentially strengthening the entity's compliance standing within the broader stablecoin and payment ecosystems.