Armando Juan Pantoja: Trump-backed crypto firm seeks U.S. banking license

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Hanna Syniavska

10.01.2026

Armando Juan Pantoja: Trump-backed crypto firm seeks U.S. banking license — @_TallGuyTycoon: Trump-backed crypto firm aims high

Armando Juan Pantoja reported that the Trump-backed crypto company World Liberty Financial has applied to become a U.S. bank. If their application is approved, the company could potentially offer its own "digital dollar," facilitating rapid cross-border money transfers for major corporations.

The firm claims that its digital currency, USD1, has already reached a valuation of $3.3 billion within just one year.

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The potential for World Liberty Financial to reshape digital currency infrastructure draws comparisons to recent industry moves, such as Walmart’s initiative to accept Bitcoin, Ethereum, and XRP in stores—a development covered in detail in "Walmart to accept BTC, ETH, XRP in stores." Additionally, the company's bold valuation ambitions and digital dollar proposal mirror trends discussed when CNBC named XRP as the top crypto trade for 2026, underscoring a broader momentum within the crypto sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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