Exclusive: Binance Secretly Engineered Trump-Linked Stablecoin Launch, Insider Report Reveals
Behind closed doors, the world's largest crypto exchange may have orchestrated the controversial stablecoin tied to the 45th US president—just as regulators start asking questions.
The bombshell leak suggests Binance's involvement runs deeper than previously known, with developers reportedly receiving direct technical guidance from exchange insiders. No surprise—the 'Trump Coin' whitepaper reads like a cut-and-paste job from Binance's stablecoin playbook.
While the token's backers promise 'decentralized patriotism,' blockchain analysts already spotted suspicious transaction patterns. Another case of crypto innovation... or just clever marketing for the political fundraising circuit?
Funny how these 'revolutionary' stablecoins always emerge during election seasons—almost like someone needs to move large donations without traditional banking scrutiny.
Binance created code for Trump-backed stablecoin
Sources say Binance engineers built the smart contract for USD1, a stablecoin issued by World Liberty Financial. That firm has direct ties to President Donald Trump. The token played a key role in enabling a $2 billion investment from UAE-based MGX into Binance.
Almost 90% of USD1’s total supply currently sits in Binance-controlled wallets, blockchain data confirms. The token’s official documents suggest Trump’s family could collect $30 million per year in interest income from the coin’s reserve assets.
Zhao sought pardon amid private Trump connections
While helping projects linked to Trump, Zhao allegedly pushed for a pardon behind closed doors. Sources told Bloomberg the pardon request was personal and not disclosed in public filings. Binance, distancing itself from the matter, stated that the USD1 listing followed routine procedure and Zhao’s pardon plea had nothing to do with the firm.
Two insiders also claimed Zhao met World Liberty co-founder Steve Witkoff at a crypto event in Abu Dhabi in December 2024. However, someone close to Witkoff denied that the meeting happened.
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Trump crypto projects boost his fortune
Trump-affiliated crypto ventures have reportedly added $620 million to his fortune in recent months. These efforts reflect growing links between digital assets and high-level political figures ahead of the 2024 election cycle.
Zhao, awaiting sentencing, now faces heightened scrutiny. His actions—both legal and political—continue to Ripple across crypto markets and Washington alike.
