Post
Topic
Board Altcoin Discussion
Re: Binance aided Trump’s stablecoin (USD1).
by
Hispo
on 15/08/2025, 16:33:35 UTC
According to this report https://www.bloomberg.com/news/features/2025-07-11/trump-s-crypto-link-with-binance-raises-conflict-of-interest-questions the CEO of Binance ChangPeng Zhao assisted heavily to the crypto project with ties to Trump family.

Zhao helping the Trump’s family project is not the worst thing you will hear in the cryptocurrency side of things but what has got birds chirping is that this assistance rendered by Mr Zhou happened during the time he was trying to get presidential pardon.

Binance has rejected the claims and said that it had no link to Zhou’s pardon plea. Is this another propaganda against Trump or could the allegation be true.

Well, we are talking about someone who is incredibly rich and got himself in trouble because his platform being involved with money laundering. It is obvious he will try to use his money and influence to buy himself a pardon from the presidency of the country. Also, I had no idea that stable coins was being issued by the Trump family, through their cryptocurrency firm.
I don't even know what they could be trying to achieve by having their own coin in such manner... Considering the competition within this market is completely dominated by USDT and USDC, very few people will pay attention to their backed token...