Binance.US just got caught in a political crossfire over something as mundane as listing a stablecoin.
The stablecoin in question? USD1, backed by World Liberty Financial, which has caught heat for its Trump connections. Cue the political fireworks.
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Backstage political deal?
Senator Chris Murphy lit the fuse, accusing Binance.US of pulling a “thank-you” stunt after President Trump pardoned Binance founder Changpeng Zhao.
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 crypto.
The White House is a full time, 24/7 corruption machine. https://t.co/vfFqJ9Jvhq
— Chris Murphy 🟧 (@ChrisMurphyCT) October 28, 2025
According to Murphy’s online rant, this so-called “Trump crypto” rollout aligned suspiciously with Zhao’s pardon for past legal troubles. Dramatic? You bet.
But Binance.US waved away the noise with a solid, move along, nothing to see here.
Their official tweet insisted the USD1 listing wasn’t a backstage political deal cooked up after the pardon. Nope, it was just the usual business stuff done on their normal timeline.
They added that USD1 and World Liberty Financial’s WLFI token already hit the shelves on other big U.S. platforms like Coinbase, Kraken, and Robinhood. So, it’s not some special Trump fan club exclusive.
Business as usual
Binance.US called the politicizing of their routine decision unfortunate, reminding everyone this was all just a business move, dry and simple. But why USD1 matters? Is that a big deal?
As experts higlight, pegged to the U.S. dollar, USD1 ranks as the sixth-biggest stablecoin out there, with a market cap nearing $3 billion.
And yes, World Liberty Financial’s cozy relationship with Trump isn’t exactly hush-hush.
The president has been vocal on boosting the U.S. stablecoin scene, so the connection fuels suspicions.
The capital of crypto
The drama didn’t stop with Senator Murphy. Democratic heavy hitters like Representative Maxine Waters piled on, accusing Trump of playing favorites with what she dubbed crypto criminals and scoring personal benefits through these financial ties.
On the other hand, Zhao’s own tale reads like a cautionary thriller. He pled guilty in 2023 for failing to nail down an anti-money laundering program correctly and did some brief time behind bars. Binance and its affiliates coughed up $4.3 billion-plus in penalties.
Post-prison, Zhao tipped his hat to Trump publicly and vowed to turn the U.S. into “the capital of crypto.”
So, while Binance.US denies political strings on USD1’s stage, the crypto and political worlds remain entangled in a messier-than-ever dance. We may call it circus.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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Cryptocurrency and Web3 expert, founder of Kriptoworld
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With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
📅 Published: October 31, 2025 • 🕓 Last updated: October 31, 2025
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