You know Binance, right? The biggest crypto exchange out there. Well, turns out they're now holding almost 90% of this stablecoin called USD1 the one tied to the Trump family and World Liberty Financial. We're talking billions like $4.7B+ out of $5.4B total supply sitting on Binance!
After CZ got pardoned last year, their ties just got stronger: zero-fee conversions, heavy promotions... and boom, USD1 exploded to the 5th largest stablecoin.
Is this genius business or something bigger? What do you think bullish for Binance or risky concentration? Drop your thoughts below!