Binance began promoting the Trump family's stablecoin after the exchange's founder was pardoned - NYT
Cryptocurrency exchange Binance, following the pardon of its founder Changpeng Zhao by US President Donald Trump, held a series of actions that directly supported the USD1 stablecoin issued by the Trump family startup World Liberty Financial. This raised suspicions of a possible conflict of interest, writes The New York Times, citing analysts and crypto market data. In January, the volume of USD1 in circulation reached $5 billion.