Trump’s Crypto Coin: A Stable Investment or Just Stable Folly?
Ah, Binance! The grand maestro of cryptocurrency exchanges, now controlling an astonishing 87% of USD1, the stablecoin linked to the Trump family’s latest digital dalliance. One might even say this concentration resembles a rather overzealous display of wealth, surpassing any other major stablecoin held at a single exchange. To put it bluntly, between its own wallets and the accounts of eager users, Binance now possesses approximately $4.7 billion of USD1’s total supply of $5.4 billion. Quite the monopoly, wouldn’t you agree?
