Trump’s Binance Ties Raise Fresh Questions About Stablecoin Ethics

Bloomberg’s investigation draws attention to an amazing relationship between the giant Binance for encryption and stable stablecoin associated with Trump. According to the informed sources on the matter, Binance came behind the scenes Technology And promotional support for the distinctive symbol just months before its founder, ChangPeng Zhao, known as CZ, He asked former President Trump to pardon.

Binance has quietly operated the political Stablecooin

Usd1 was launched by World Liberty Financial and learned in the name of PRO-MARICAN An alternative to other stablecoins. Unless public at that time How Pinns participated in depth. According to what was reported, the company dealt with the basic infrastructure of the distinctive symbol and helped promote it to the huge global user base.

The arrangement did not stop there. World Liberty has also invested a $ 2 billion in Binance using USD1, and these funds are still sitting in Binance Governorate. Critics argue that this preparation can calmly generate great attention to the Trump family with a dangerous ethics raising Red flags.

CZ has since declined from the daily Binance operations. His request for pardon Submitted As a personal issue, Binance refused to comment on the timing or nature of its relationship to global freedom. A spokesman for the associated company has declined to investigate that he was politically driven.

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The issue of timing and influence

What raises eyebrows is overlap. Binance was still under organizational scrutiny due to the previous money laundering violations when the USD1 partnership occurred. CZ, after he paid very slope fines and expanded as an executive president, later sought amnesty from Trump. Now it is difficult to ignore the relationship between this pardon and the quiet role of Binance in Stablecoin.

At the same time, it was USD1 Move Capital across the border, especially Among the investors in the accounts of the United Arab Emirates and the bank accounts. This adds a layer of international money movement to a political sensitivity.

Inside the encryption circuits, the alarm bells are ringing

The encryption community has seen a lot of noise around distinctive origins and political currencies, but this issue seems different. Bloomberg’s report shows that Binance has built the actual USD1 bars, tied the distinctive symbol, and helped amplify them through its network. For a company still below Microscopeand Participation In something this is politically download She surprised even those familiar with the industry.

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The world freedom denies any special treatment, and Binance confirms that CZ no longer carries the operationto. However, multiple anonymous sources have described Binance as wide and deliberate.

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More risks of this industry

If the USD1 ends in achieving a financial benefit for the Trump family, if this interest is linked For its founder Hopelessly In favor of the legal effects He goes Beyond encryption. It raises the possibility of using stablecoins as financial vehicles to influence, not just for innovation.

this The new scrutiny of legislators who are already looking for stablecoins can be pushed as shade financing tools. Some Democrats have called for stricter controls, Referring to This is exactly Kind of Interference between politics and money and Technology.

So what now?

The situation is likely to heat up. If USD1 remains active, if its value Maintains flow In Binance, if he requests pardon CZ Remain In playing, this story will not disappear any time soon. At the present time, it is a living case study on how EncryptionPolitics and influence have become Harder To dismantle.

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Main meals

  • Binance calmly supported Stablecoin associated with Trump USD1 by dealing with its infrastructure and promoting international users.

  • Usd1 investing $ 2 billion in Binance and asked to pardon CZ later in Trump raises questions about timing and influence.

  • Stablecoin has transferred money at the international level, including between Emirati investors and Binance, adding geopolitical weight.

  • Those familiar with the encryption are concerned that the deep Binance role in a political symbol can obscure the separation line between innovation and influence.

  • The case feeds the discussion on whether Stablecoins is used as financial tools to achieve political gains, not just Blockchain.

Post -Trump relationships raise new questions about Stablecoin ethics first appeared on 99bitcoins.

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