Binance turned out to be the largest holder of Trump‑linked USD1 stablecoin. The most important crypto trade reportedly concentrates roughly 87% of the token’s provide. This is available in when the trade not too long ago added 4,225 Bitcoin to its Safe Asset Fund for Customers (SAFU) after swapping round $300 million price of stablecoins.
Knowledge reveals that there are greater than 5.36 billion World Liberty Monetary USD (USD1) in circulation. Round $4.3 billion sits in wallets linked to Binance. Nonetheless, the cumulative market cap for Stablecoin is on a surge and hovering at $314.5 billion. Tether continues to be main the stablecoin tally with over 184.5 billion in circulation.
Binance US holds nearly no USD1
Binance holding such an enormous bag of USD1 provides it an unusually giant position in explaining liquidity, distribution, and demand for a politically related stablecoin. In the meantime, its US affiliate holds nearly no publicity. Binance US reportedly controls simply $1,119 price of USD1. This implies that the overseas entities are the principle members who’re interacting with World Liberty Monetary.
WLF-linked USD1 moved on to hit the $5 billion mark final month. This positioned the token among the many largest stablecoins globally by circulation. Eric Trump, in a post, wrote, “Very proud of all of the work being achieved by WLF. Nonetheless, this surge allegedly coincided with a collection of promotions run by Binance, which has ultimately boosted its adoption.
Based again in September 2024, World Liberty Monetary describes itself as being impressed by President Trump. It lists him as co-founder alongside Donald Trump Jr., Eric Trump, and Barron Trump. An LLC affiliated with Trump and members of the family owns about 38% of the corporate. It additionally controls 22.5 billion WLFI governance tokens. The entity is entitled to 75% of the proceeds from WLFI token gross sales.
Trump reported incomes $57.4 million from WLF in his current monetary disclosure. In the meantime, the Trump Group has stated Trump retains management over his companies whereas in workplace.
Binance betting massive on USD1?
Binance’s position has been essential to USD1’s fast growth. The trade waived buying and selling charges for customers changing different stablecoins into USD1 in December 2025. This occurred when the transaction charges are a major supply of income for crypto platforms. Binance even launched incentives permitting customers to earn rewards on USD1 balances.
On Jan. 22, Binance stated customers holding USD1 would share $40 million in rewards. Yield-bearing stablecoins are at the moment the topic of intense debate in Congress. Lawmakers are contemplating whether or not such incentives resemble curiosity funds historically regulated throughout the banking system.
The rising relationship between Binance and World Liberty Monetary has already attracted lawmakers’ consideration. They argue that it presents a battle of curiosity. Trump is now each a beneficiary of a significant crypto enterprise and the president overseeing regulatory coverage. On the opposite aspect, Binance itself stays barred from working its important platform within the nation.
Binance founder, Changpeng Zhao, pleaded responsible in 2023 to money-laundering violations. He served 4 months in jail. Nonetheless, Trump pardoned Zhao final yr and allowed him to retain his majority possession of Binance. All these strikes have sparked hypothesis that the platform would possibly search a return to the US market.
