Global Stock News

Trump family’s crypto venture is quietly minting money through Binance stablecoin deal

Trump family’s crypto venture is quietly minting money through Binance stablecoin deal

A stablecoin that launched just months ago is already on track to become one of the most profitable ventures in crypto, and the Trump family stands to pocket the lion’s share. World Liberty Financial, the DeFi company co-founded by Donald Trump and his associates, has turned its USD1 stablecoin into a revenue engine thanks largely to a promotional partnership with Binance.

Bloomberg projects the venture will generate close to $150 million in profits from USD1 in 2026 alone. For a token that didn’t exist before March 2025, that’s a remarkable trajectory.

How a stablecoin becomes a money printer

USD1 is backed by US dollars and government money market funds, giving it the kind of conservative collateral profile…

Source link

Share this article

Scroll to Top