On October 29, 2025, 0 added support for the USD1 stablecoin, issued by World Liberty Financial (WLFI) — a platform reportedly tied to former 1 Donald 2 move immediately drew political 3 Chris Murphy accused the White House of corruption, saying the listing appeared connected to Trump’s decision to pardon former Binance CEO Changpeng Zhao (CZ) just days 4 global exchange Binance had already listed USD1 months earlier, in May 5 to The Wall Street Journal , the company was then in talks to list the stablecoin while also seeking to ease regulatory oversight from 6 the time, however, USD1 wasn’t available to 7 users, as the American arm operates 8 changed in late October, shortly after Trump’s controversial pardon of 9 reports claim that lobbying efforts behind Zhao’s pardon cost Binance roughly $860,000, fueling accusations of quid pro quo 10 condemned the decision, with senators urging the Department of Justice to investigate possible conflicts of interest between the White House, WLFI, and 11 pointed to WLFI’s alleged links with Binance, its blockchain, and its financial support for MGX’s investment in the 12 Murphy’s Accusations and Binance’s Response Senator Murphy was direct in his criticism, posting: ”One week after Trump pardoned Binance’s owner (for a stunning array of crimes related to terrorist and sex predator financing), Binance starts promoting Trump 13 White House is a full time, 24/7 corruption machine.” 14 rejected the accusations, emphasizing that its listing process follows strict compliance standards: “Dear 15 conduct comprehensive due diligence and legal review before listing any asset on @BinanceUS, whether it’s a stablecoin, a new ecosystem project, or a meme token.” USD1 and WLFI are already listed on over 20 major exchanges, including Coinbase, Robinhood, and 16 assets were long ago approved by our listing committee in the normal course of 17 was a business decision, nothing more.” As of publication, Senator Murphy has not responded to Binance.
US’s 18 USD1 controversy underscores how the lines between cryptocurrency, regulation, and politics continue to 19 have become central to digital payments — and now, apparently, to political 20 the allegations prove true, this could mark one of the most politically charged moments in the history of crypto regulation — a case where financial innovation collides head-on with presidential power.
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