Trump Family-Linked Stablecoin Has 87% Of Its Supply Held by Binance, The Exchange Whose Billionaire Founder CZ Was Pardoned By The President
World’s largest cryptocurrency exchange Binance (CRYPTO: BNB) holds the lion’s share of World Liberty Financial USD (USD1), the stablecoin issued by a Trump family cryptocurrency venture. Concentration A Red Flag? The cryptocurrency behemoth controls $4.7 billion of the stablecoin’s $5.4 billion total supply, according to data from on-chain analytics firm Arkham, first noted on Forbes This marked the highest concent…
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