Binance Pumps Trump's USD1 — Conflict-of-Interest and Regulatory Risk

I view Binance's active role in boosting the Trump family's stablecoin USD1 as a serious red flag for market integrity and governance. Reported use of PancakeSwap promotions to drive turnover and Bloomberg's claim that Binance wrote code for USD1 amplify concerns about manipulation and undisclosed conflicts.

The timing — shortly before CZ reportedly sought a pardon from President Trump — deepens the potential conflict-of-interest and raises the likelihood of regulatory and legal scrutiny. The rapid price/market-cap expansion driven by contests is not the same as organic adoption.

I would avoid initiating new exposure to USD1, treat current holdings as high-risk, and monitor for independent audits, regulatory investigations, and clearer disclosures before reconsidering any position.