Trump Family Stablecoin USD1: Why Binance Holding 96% of Supply Is Raising Red Flags
Trump Family Stablecoin USD1: Why Binance Holding 96% of Supply Is Raising Red Flags TL;DR USD1, the stablecoin linked to the Trump family, has landed on crypto Twitter’s radar — and not for good reasons. According to a viral Reddit post on r/CryptoCurrency, Binance reportedly holds approximately 96% of USD1’s total supply. That kind of concentration in a single exchange is unusual, to put it mildly, and the crypto community isn’t being quiet about it. With over 300 upvotes and growing discussion, the question being asked openly is: what does this level of supply control actually mean? ...