CZ Dismisses Centralization Fears Amid Scrutiny Over Binance’s Grip on USD1 Stablecoin

Binance is making headlines on social media for multiple reasons. Among them, a Forbes report revealed that the exchange and its users control the overwhelming majority of USD1, a stablecoin issued by World Liberty Financial (WLFI). With the WLFI venture linked to US President Donald Trump and his family, the disclosure has sparked debate over concentration risk, exchange influence, and the growing overlap between crypto markets and politics. Binance’s USD1 Dominance Rekindles Debate Over Stablecoin Centralization A February 9 Forbes investigation found that Binance holds approximately 87% of USD1’s circulating supply—around $4 source: https://beincrypto.com/binance-usd1-stablecoin-centralization/