$BNB Binance Quietly Controls 87% of Trump’s Stablecoin Supply
A massive power imbalance is forming behind the scenes. Binance now reportedly holds around 87% of USD1, the stablecoin issued by World Liberty Financial, a venture backed by the Trump family. Out of a total $5.4B supply, roughly $4.7B sits under Binance’s control, either through exchange wallets or user accounts-making this one of the most concentrated major stablecoins ever recorded.
The ties run deeper. A Trump-affiliated LLC owns about 38% of World Liberty Financial, which profits by parking USD1 reserves into assets like U.S. Treasuries yielding ~3.6%, a move estimated to have added nearly $1B to Donald Trump’s net worth. Add to that Binance’s past promotion of USD1, a mirrored $40M token transfer, the SEC quietly dropping its case, and a later pardon of Binance’s founder-and the optics are explosive.
Is this just coincidence… or the most controversial stablecoin structure yet?
#Crypto #Stablecoins #Binance #wendy
