风无向🦅|Aug 19, 2026 15:13
After taking a few days off, I just realized this.
WLFI has received conditional approval from the U.S. OCC to operate trust banking services.
It’s not a full license yet, but it’s getting close. For now, it’s conditional trust banking services.
If they secure a full license, they’ll have a complete industry chain for issuance, redemption, and compliance. Crypto-friendly banks have been gradually disappearing, so having their own full license would definitely be a big help for passing the Genius Act.
Binance has been running its USD1 savings product for over six months now, and opening a few hundred USDT contracts gives you a 1.2x boost.
I won’t hold large positions in U.S. stocks or crypto unless there’s a massive crash to trade the swings, because the wide-range fluctuations are just too hard to play.
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