$BTC

Binance executives recently met U.S. Treasury officials, seeking to ease regulatory pressure and push for a reduced compliance monitorship. The meeting signals the exchange’s interest in reentering the American market. According to the Wall Street Journal, Binance is also exploring a partnership with World Liberty Financial, a crypto project linked to Donald Trump. This project is reportedly working on launching a new dollar-pegged stablecoin, which Binance may list soon. 

The developments arrive as Binance founder Changpeng Zhao (CZ) remains in the spotlight. As part of his plea deal last year, CZ agreed to cooperate with U.S. prosecutors and allegedly provide evidence related to Justin Sun.

Moreover, Binance’s strategic moves align with growing optimism around fiscal liquidity. An analysis by OKG Research reveals that the U.S. Treasury General Account (TGA) dropped from $405.786 billion to $309.989 billion as of April 8. This $95.79 billion reduction has added liquidity to the system. Consequently, markets perceive this as a form of invisible fiscal easing. It supports short-term demand for risk assets like cryptocurrencies.