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Bloomberg says Binance helped WLFI write USD1 code, and CZ accuses the former of inaccurate reporting

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2025-07-11 17:17:31
According to a report by Bloomberg on Friday, citing three people familiar with the matter, Binance helped WLFI create (write the basic code), promote the USD1 stablecoin, and played a role in one of its largest transactions before CZ sought a pardon.
In response, CZ said the Bloomberg article was sponsored by a competitor and contained multiple factual errors.
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