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<p>This might be the biggest $WLFI news nobody's talking about:

The Block says WLFI is close to getting approved by the Office of the Comptroller of the Currency (OCC) to run its own federally regulated bank.

nothing official yet but former OCC people say it's almost certain. one even called rejecting it unthinkable.

right now different companies handle USD1:
> creating it
> managing the reserves
> keeping it safe
> swapping it for other coins

if approved it all comes under one roof, regulated by the US government.

USD1 becomes a real settlement layer, not just a trading coin.</p>

This might be the biggest $WLFI news nobody's talking about:
The Block says WLFI is close to getting approved by the Office of the Comptroller of the Currency (OCC) to run its own federally regulated bank.
nothing official yet but former OCC people say it's almost certain. one even called rejecting it unthinkable.
right now different companies handle USD1:
> creating it
> managing the reserves
> keeping it safe
> swapping it for other coins
if approved it all comes under one roof, regulated by t

This might be the biggest $WLFI news nobody's talking about: The Block says WLFI is close to getting approved by the Office of the Comptroller of the Currency (OCC) to run its own federally regulated bank. nothing official yet but former OCC people say it's almost certain. one even called rejecting it unthinkable. right now different companies handle USD1: > creating it > managing the reserves > keeping it safe > swapping it for other coins if approved it all comes under one roof, regulated by the US government. USD1 becomes a real settlement layer, not just a trading coin.

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