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October 30, 2025Coinpaper logoCoinpaper

Binance.US Pushes Back on Claims of Political Bias Over USD1 Listing

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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