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Benzinga
Benzinga
Business
Murtuza J Merchant

Trump Family Crypto Fortune Tied To Binance-Linked PancakeSwap: Report

Bitcoin,Trump

The Trump family's cryptocurrency business has seen billions in gains since last year's election, driven largely by the performance of its stablecoin, USD1, issued by World Liberty Financial.

What Happened: A central factor in this surge is the token's deep integration with PancakeSwap (CRYPTO: CAKE), a decentralized exchange reportedly developed and maintained by Binance, the world's largest crypto exchange, The Wall Street Journal reported on Wednesday.

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