Binance.US Rejects Political Bias Claims Over USD1 Listing

Binance.US has faced criticism regarding its recent listing of USD1, a stablecoin linked to former President Donald Trump. The exchange denies any political motivations and emphasizes that the decision was solely driven by business considerations. Founder Changpeng Zhao clarified, ‘This was a business decision on the part of Binance.US and nothing more.’ Senator Chris Murphy raised concerns about potential political bias, suggesting this move may be a payback for Trump’s pardon of Zhao.