Crypto giant Binance helped create and promote the Trump family’s stablecoin just months before its founder applied for a presidential pardon, according to a new report.
President Donald Trump once called Bitcoin a “scam” but has since embraced cryptocurrency, saying he wants to make the U.S. the “crypto capital of the world.”
His sons Eric and Donald Trump Jr. launched a crypto company called World Liberty Financial last year and released their stablecoin USD1—which is pegged to the U.S dollar—in March.
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