Binance.US on Wednesday rejected accusations by a U.S. senator of political favoritism, defending its recent decision to launch USD1, a stablecoin issued by World Liberty Financial, which is linked to Trump.
On Tuesday, Democratic Senator Chris Murphy claimed on social media that Binance's launch of USD1 was an "act of reward" in response to Trump's pardon of Binance founder Changpeng Zhao last week.
"Just a week after Trump pardoned Binance's boss [for shocking crimes involving terrorist and sex offender funds], Binance began promoting the Trump cryptocurrency," Murphy wrote on the X platform, referring to Binance's earlier announcement of the launch of USD1.
In response, Binance.US said on the X platform on Wednesday that USD1 and WLFI are currently listed on more than 20 exchanges in the United States, including Coinbase, Robinhood and Kraken, and said that the two assets had been approved some time ago through the "normal business processes" of its listing committee.
"To be clear, this is a [Binance.US] business decision and nothing more," the exchange said. "Unfortunately, even routine business decisions are now unfairly politicised by our elected officials."
Binance.US denies political motivation for launching Trump-linked stablecoin USD1
2025-10-30 05:15:11
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Binance.US否认上线与特朗普有关的稳定币USD1存在政治动机Next article：
YZiLabs宣布领投VideoTutor 1100万美元种子轮融资
