The World Liberty Financial USD (USD1) stablecoin, a curious creature tied to the Trump family, experienced a meteoric rise of $150 million in market capitalization on Wednesday, courtesy of Binance’s “booster program.” 🚀 A 20% APR for those with $50k+ deposits? A siren’s song for the financially ambitious. 🎯
From $2.74 billion to $2.89 billion, this token’s ascent is as dramatic as a Shakespearean tragedy. The “first promotion” aims to “maximize rewards,” but let’s be honest-this is just a fancy way of saying, “Invest more, earn more, and forget about your life.” 🧠
Part of the Trump family’s crypto empire, which reportedly raked in $802 million in 2025, USD1 is now the seventh-largest stablecoin. A testament to the American dream-or at least the Trumpian version of it. 🦅
Binance, ever the innovator, has woven USD1 into its ecosystem. A 1:1 swap for BUSD? A masterstroke of financial alchemy. 🧙♂️
In May, USD1 settled a $2 billion deal for MGX, a feat Eric Trump boasted about at Token2049. A party for the elite, where the only thing higher than the stakes is the ego. 🥂
But shadows linger. A Bloomberg report claims Binance “developed” USD1’s code. CZ, ever the dramatist, vows to sue for “defamation.” A legal tango, perhaps? 🕵️♂️
Lawmakers, ever the vigilant watchdogs, have raised eyebrows. Connecticut’s Senator Murphy accused Binance.US of “promoting Trump crypto,” a week after Trump “pardoned” the exchange. A plot twist worthy of a Nabokov novel. 🧑⚖️
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2025-12-24 16:40