Post
Topic
Board Altcoin Discussion
Re: Binance aided Trump’s stablecoin (USD1).
by
cryptotact11
on 15/08/2025, 16:40:12 UTC
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...
He didn't get into trouble because of money laundering, he got into trouble because of politics. Know the difference, don't let public information mislead you. Every single of the biggest banks in the world are processing more money laundering per year than any crypto platform or exchange could ever do. Are they arresting their executives or owners? Very rarely, and most often because of other fraudulent behavior and not this.