WLFI

#Binance founder Changpeng Zhao (#CZBİNANCE ) has clearly responded to the major allegations that have emerged in the media, along with the cryptocurrency company linked to Donald Trump.
In a recent report in the Wall Street Journal (WSJ), one of the important names in the US media, it was claimed that Binance founder Changpeng Zhao acted as a "mediator" in the international contacts of the crypto project World Liberty Financial (#WLFI ), which is linked to US President Donald Trump. According to the report, it was claimed that CZ met with some government members and the WLFI team and helped the project as an advisor.
Changpeng Zhao reacted to these allegations with a harsh statement on his personal social media account. CZ claimed that instead of doing journalism, WSJ was spreading false information with negative statements. He also accused WSJ of resorting to the "Cunningham law", which suggests sharing false information on the internet in order to get the right answer.
Changpeng Zhao stated that he did not mediate with the WLFI team, did not ensure the sharing of sections, and his acquaintance with the government was not as reported in the news. CZ said in his statement, "I am not anyone's mediator. I met Mr. Saqib with the WLF team, they already knew the known ones. I met people for the first time during my visit to Pakistan." CZ emphasized that the allegations revealed by the WSJ were not a few minor errors, but completely real bodies, and therefore this performance was not possible. He added that some forces within the US aimed to attack the sector and the names that support the sector by creating a "crypto-dismantling agenda."
#TrumpTariffs #MarketPullback @CZ

World Liberty Financial Inc. (WLFI), inspired by President Donald J. Trump, has launched USD1 – a fiat-backed stablecoin pegged 1:1 with the US dollar.

Why USD1?

Backed by U.S. Treasuries & cash equivalents

Custodied by BitGo – trusted by global institutions

Available on Ethereum & $BNB Chain

Listed on Binance (May 24, 2025)

In Just 1 Month:
USD1 hit a $2.1B market cap, fueled by a $2B investment deal between Abu Dhabi’s MGX and Binance.

Institutional-Ready. Politically Charged. Future-Focused.

But a heads-up:

No current public reserve transparency

Tied to Trump-era branding, which may affect public perception

USD1 isn’t just another stablecoin. It’s a statement.

#CryptoNews #Stablecoin #USD1 #DEFİ #WLFI #BinanceListing #Web3

On May 22, Binance listed the USD1 stablecoin from World Liberty Financial, which will be a significant milestone for the contentious digital dollar substitute. 
New Spot Trading Pair Listed by World Liberty Financial : USD1/USDT  In order to get ready to trade, users can now begin depositing $1 US Dollar.   Listing Fee: 0 BNB USD1  The Stablecoin withdrawal window will open at 12:00 (UTC) on 2025-05-23.
As per the official statement, the newly launch has started trading on May 22 at 12:00 UTC, and withdrawals will start the next day. A fiat-backed stablecoin, is intended to stay at a 1:1 peg to the US dollar. A Miami-based fintech company connected to Donald Trump and his family, World Liberty Financial, introduced it in March. 
What is World Liberty Financial USD (USD1)
A digital asset backed by fiat money, It is intended to remain 1:1 equivalent to the USDC. The purpose of this new launched coin is to facilitate digital transactions by offering smooth fungibility between fiat currency and digital assets. It was introduced in April 2025 by World Liberty Financial (WLFI), a financial technology company with its headquarters located in Miami, Florida. 
BitGo Trust Company, a South Dakota-based regulated trust entity, is responsible for issuing and lawfully managing the stablecoin, guaranteeing full compliance to US regulatory requirements.
The  visibility and liquidity may be greatly increased by the Binance listing. In May, Its market capitalization surpassed $2.1 billion, making it the seventh-largest stablecoin by market capitalization. It is already listed on exchanges such as KuCoin. 
This will aims to be on Top List 
Institutional support, such as a $2 billion investment deal with Abu Dhabi's MGX, and its expanding use in decentralised finance platforms and retail payments have all contributed to its quick ascent. At the moment, USD1 is worth 0.61% on Ethereum.
With intentions to expand to additional networks using Chainlink's cross-chain protocol, this presently functions on Ethereum and BNB Chain.
The goal is to become a significant rival to popular stablecoins such as (USDC) and Tether by providing features like institutional-grade custody and fee-free minting. However, there has been some debate about stablecoin's ascent.
Concerns have been raised due to GENIUS Act
Concerns have been raised by US lawmakers, especially Senate Democrats, regarding the Trump family's tight affiliation with WLFI. Donald Trump is the company's "Chief Crypto Advocate," while his sons serve as its "Web3 Ambassadors." Critics claim that this increases the potential for conflicts of interest because stablecoin regulation, particularly the planned GENIUS Act, is still a controversial issue.
 All eyes are on this new Listing will it make it or not!
New players are entering a zone long dominated by Tether - things could get interesting. WLFI believes that USD1 complies completely with U.S. rules, including as know-your-customer and anti-money laundering guidelines, despite the political scrutiny. The worries were dismissed as "fundamentally flawed" in a recent legal answer to a congressional investigation. All eyes are on whether Binance's new listing momentum can hold as it gets ready to make its debut on the biggest cryptocurrency market in the world.

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#Binance #USD1 #Stablecoin #WorldLibertyFinancial #WLFI