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Binance Controls 87% of Trump-Linked USD1, Drawing Scrutiny


Binance Controls 87% of Trump-Linked USD1, Drawing Scrutiny

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  • Binance wallets and users control roughly 87% of the USD1 stablecoin circulating supply today.
  • USD1 integration expanded after CZ received a presidential pardon from Donald Trump.
  • A $2 billion USD1 transaction significantly boosted the stablecoin’s market visibility globally.

A growing concentration of a Trump-associated stablecoin inside Binance is raising fresh questions about the financial links between the world’s largest crypto exchange and the family-backed digital-asset venture World Liberty Financial, according to blockchain data reviewed by Forbes.

The exchange and its users currently hold about $4.7 billion worth of USD1, roughly 87% of the stablecoin’s total $5.4 billion supply, marking the highest single-exchange concentration among the top stablecoins by market capitalization.

A Timeline That Draws Scrutiny

The relationship between the comp…

Read The Full Article Binance Controls 87% of Trump-Linked USD1, Drawing Scrutiny On Coin Edition.

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