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Sources: Binance wrote the smart contract for USD1, a stablecoin launched by Trump's World Liberty, and promoted it to its 275M users, before CZ sought a pardon (Bloomberg)

39d ago
Technology
Techmeme
Modern technology
Sources indicate that Binance played a significant role in the launch of USD1, a stablecoin created by Trump's World Liberty Financial. Binance allegedly wrote the smart contract for USD1 and promoted it to its vast user base of 275 million. This occurred before Changpeng Zhao (CZ), the former CEO of Binance, reportedly sought a pardon. The extent of Binance's involvement raises questions about its relationship with World Liberty Financial and the stablecoin's regulatory compliance.
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