Trump Family Launches ‘USD1’ Stablecoin, Expanding to BNB Chain

A blockchain project led by the Trump family has announced the launch of its own stablecoin, ‘USD1’, raising questions about the intersection of crypto, politics, and U.S.-China relations.

• Trump’s Blockchain Ambitions: ‘USD1’ Stablecoin Goes Multi-Chain

The Trump-backed World Liberty Finance has introduced USD1, a dollar-pegged stablecoin set to launch on Ethereum and Binance’s BNB Chain.

The choice of name, USD1, appears symbolic—“1” referencing Air Force One, the U.S. presidential aircraft. The project is spearheaded by Trump’s sons, aligning with Trump’s broader push to establish the U.S. as a “crypto superpower.”

• BNB Chain Involvement Sparks Speculation

The inclusion of BNB Chain, the blockchain of Binance—a company founded by Chinese-Canadian entrepreneur Changpeng Zhao (CZ)—has raised eyebrows.

Binance has been under intense U.S. regulatory scrutiny, with CZ recently serving a prison sentence after legal disputes with U.S. authorities. Despite this, USD1’s expansion to BNB Chain suggests an unexpected connection between Trump’s crypto initiative and Binance.

CZ welcomed the news on X (formerly Twitter), stating:
📢 “USD1 is live! The smart contract was deployed 20 days ago.”

Interestingly, this coincides with a Wall Street Journal report about Trump’s alleged talks with Binance.US regarding a potential stake sale, fueling further speculation.

• Is There a Trump-Binance Deal?

Rumors of behind-the-scenes negotiations between Trump and Binance are circulating. Previously, Justin Sun’s Tron had reportedly supported World Liberty Finance’s fundraising efforts, yet Tron is absent from the USD1 project.

Notably, Trump had previously experimented with meme coins on Solana (SOL), but USD1 has bypassed Solana this time.

• A Strategic Move for the ‘Crypto President’

Trump has positioned himself as a pro-crypto leader, advocating for Bitcoin adoption and a crypto-friendly regulatory environment. The launch of USD1 reflects both political and economic motivations, reinforcing his stance on blockchain innovation in the U.S.

🚀 With USD1, Trump is making a clear statement: Crypto isn’t just a financial tool—it’s a political strategy.