Binance holds about 87% of USD1, the stablecoin issued by a Trump family crypto venture, per Forbes.
In 2025, the Securities and Exchange Commission dropped its lawsuit against Binance for alleged securities law violations just days after the exchange first listed USD1, and in October, Trump pardoned its co-founder and former CEO Changpeng “CZ” Zhao, who pleaded guilty in 2023 to failing to maintain an effective anti-money laundering program.