87 Percent of Trump Stablecoin USD1 Concentrated on Binance
The stablecoin USD1 issued by World Liberty Financial shows an unusually high concentration on the cryptocurrency exchange Binance, while business ties between Trump and Binance intensify.
World Liberty Financial's stablecoin USD1 shows an extraordinary concentration on Binance: approximately 87 percent of all tokens in circulation – about $4.7 billion out of a total $5.4 billion – are held through the exchange's wallets or on behalf of its customers. This is the highest concentration among the ten largest stablecoins, according to Forbes citing on-chain data from Arkham Intel [1].
World Liberty Financial was founded in 2024 and lists Donald Trump as founder emeritus. His sons Eric and Barron Trump hold executive positions. An LLC connected to Trump holds approximately 38 percent of the company and 22.5 billion WLFI tokens. Trump generated revenues of $57.4 million from the project through December 2024 [1].
The interconnections between World Liberty Financial and Binance have intensified in recent months. In January, 235 million WLFI tokens were transferred to the exchange for a promotion, and in December, assets from the expiring BUSD were converted into USD1 [1].
In parallel, Trump pardoned Binance co-founder Changpeng Zhao in October. The SEC dropped its lawsuit against Binance in 2025 – just days after the initial listing of USD1. Both companies deny any improper influence [1].
Sources
- [1]btc-echo.de
AI-Assisted Content
This article was created with AI assistance. All facts are sourced from verified news outlets.