KEYTAKEAWAYS
1. Stablecoins are moving deeper into the regulated banking system.
World Liberty Financial’s application for a federal trust bank charter signals a push to consolidate stablecoin issuance, custody, and conversion under formal U.S. banking oversight, highlighting how political alignment and regulation are increasingly shaping stablecoin competition.
2. Consumer crypto ecosystems are formalizing governance and incentives.
Solana Mobile’s upcoming SKR token launch, with 20% of supply allocated to users and developers, marks a shift from hardware experimentation toward structured onchain governance, staking, and long-term ecosystem alignment.
3. Institutional digital cash is converging with privacy-enabled blockchains.
JPMorgan’s plan to issue JPM Coin directly on the Canton Network reflects growing demand for real-time, interoperable settlement that balances blockchain efficiency with institutional privacy and compliance requirements.
CONTENT
Trump-Linked World Liberty Financial Applies for Federal Bank Charter
Trump-affiliated crypto firm World Liberty Financial has applied to the U.S. Office of the Comptroller of the Currency for a national trust bank charter to launch World Liberty Trust Company. If approved, the trust bank would directly issue the USD1 stablecoin, which is pegged to the U.S. dollar, and provide custody, conversion, minting, and redemption services under a single regulated entity.
The trust company plans to serve institutional clients such as crypto exchanges, market makers, and investment firms. World Liberty is closely tied to President Donald Trump, who is listed as co-founder emeritus, with his three sons named as co-founders. The move reflects a more favorable regulatory stance toward crypto banking under the current administration and builds on the GENIUS Act framework governing stablecoins in the U.S.
Solana Mobile Confirms Jan. 21 Launch of SKR Token With 20% Airdrop Allocation
Solana Mobile announced that its long-anticipated SKR token will officially go live on January 21. The token will have a fixed total supply of 10 billion, with 20% reserved for users and developers eligible for an airdrop. A snapshot for the airdrop has already been completed.
SKR is designed to function as the governance and incentive layer for Solana Mobile’s ecosystem, which centers on its Seeker smartphone and decentralized app store. Token holders will be able to stake SKR to delegated Guardians who help secure the platform and participate in governance decisions, marking a key step in expanding Solana Mobile’s onchain ecosystem.
Solana ecosystem rallies with strong growth and trending projects
JPMorgan to Issue JPM Coin Directly on Privacy-Focused Canton Network
JPMorgan’s blockchain unit Kinexys, together with Digital Asset, announced plans to issue the bank’s JPM Coin directly on the Canton Network, a public blockchain designed for compliant and privacy-preserving financial markets. The move aims to enable real-time, interoperable digital cash that can settle alongside tokenized assets and smart contracts.
The integration will roll out in phases throughout 2026, starting with issuance, transfer, and near-instant redemption of JPM Coin on Canton. By bringing regulated digital money onto a privacy-enabled blockchain, JPMorgan is positioning the initiative as a bridge between traditional financial infrastructure and blockchain-based settlement, while maintaining regulatory compliance and operational efficiency.
