Binance Backs USD One, Integrates Trump-Linked Stablecoin
Update: 2025-12-12
Description
Binance, the worlds largest cryptocurrency exchange, is expanding its support for USD One, a stablecoin connected to the Trump family. Theyve introduced new fee-free trading pairs and will convert their own stablecoin, BUSD, into USD One. This move follows former President Trumps pardon of Binance founder Changpeng Zhao. USD One, backed by US Treasury bills, has grown to become the seventh-largest stablecoin, with a market capitalization of $2.7 billion. Despite its growth, theres been no new issuance for months, and its supply has slightly decreased.
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