
WSJ: StringZ holds 49% of World Liberty Trust parent, but OCC approval is only preliminary
- —StringZ Holding RSC reportedly holds 49% of WLTC Holdings LLC, a figure not independently confirmed
- —The OCC granted World Liberty Trust Company preliminary conditional approval on Aug. 14, 2026
- —OCC Corporate Decision #1385 names StringZ as an investor but does not disclose a 49% stake
- —Planned services cover USD1 issuance and redemption, reserves and custody, with no FDIC insurance
Why it matters: The venture is tied to USD1 and Trump-linked crypto infrastructure, so conflating a holding-company stake with a banking licence distorts risk assessment for stablecoin holders.
Source: CryptoTicker