July 13, 2026
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Crypto Desk

Binance holds 89% of Trump family-linked USD1 stablecoin

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Binance has taken custody of 89% of the Trump family-linked stablecoin, USD1, which has recently surged 50% in circulation, making it the fifth-largest stablecoin. Issued by World Liberty Financial, a venture tied to the US president’s family, USD1 currently has $5.4 billion in circulation. The stablecoin’s rapid growth coincides with mounting criticism of the Trump’s family’s involvement in the crypto market, including accusations of self-dealing and foreign influence. Despite these concerns, however, Binance maintains that its involvement with USD1 is limited to standard market and infrastructure services.

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