Two fundamentals underscore the business model of a new crypto bank partly owned by the Trump family, cryptocurrency experts tell the Guardian.

World Liberty Trust Company received conditional approval this month from the US office of the comptroller of the currency (OCC) to start a bank. An entity affiliated with Donald Trump and his family members owns about 38% of the company. The agency is led by a political appointee of the US president.

The first distinctive feature of this bank – and stablecoin operations like it – is that there is almost no risk that it can lose money. The second is the sole logical motivation for depositors to put their money into it, according to five experts: the financial connection to the president and…