August 13, 2025
5 min read
Ticker Buzz
The Trump family has reportedly accumulated a significant $45 billion in wealth through their cryptocurrency ventures, largely attributed to the substantial growth of the USD1 stablecoin on the PancakeSwap platform. This surge is said to be facilitated by PancakeSwap's operations, which are allegedly overseen by Binance.
Binance not only provides the essential trading infrastructure but also holds a notable stake in PancakeSwap. This association has drawn considerable attention from the cryptocurrency community as the Trump family's engagement in digital assets continues to expand.
The rapid financial gains realized through cryptocurrency investments have reportedly surpassed those from other sectors of the Trump business empire, underscoring the substantial profitability of digital currencies. Strategic alliances and investments have positioned the Trump family as key players in this dynamic financial arena.
Stablecoins, such as USD1, which are designed to maintain a stable value pegged to the US dollar, have been instrumental in their success. These stablecoins serve as a reliable means of transaction and value storage, attracting investors seeking stability amidst the inherent volatility of the cryptocurrency market.
Source: Trump Family's Cryptocurrency Ventures Surge 45 Billion Dollars, Driven by USD1 Stablecoin Growth on PancakeSwap
Partnership with PancakeSwap and Market Impact
In June, World Liberty Financial, the Trump family's cryptocurrency firm, announced a partnership with PancakeSwap aimed at increasing USD1 adoption. Following this announcement, USD1's trading volume on PancakeSwap saw a dramatic increase, becoming a primary contributor to World Liberty Financial's profits. However, a critical detail was reportedly omitted from the announcement: PancakeSwap is allegedly developed and managed by Binance employees, further solidifying the connection between the Trump family's business interests and Binance.Binance Founder’s Legal Troubles and Lobbying Efforts
The founder of Binance, who served a four-month jail term last year for money laundering charges and agreed to a $43 billion fine, is reportedly seeking a presidential pardon. Insiders suggest that a lobbyist with close ties to Donald Trump Jr. was hired to advocate for this pardon, raising concerns about potential conflicts of interest. The White House press secretary has refuted any conflicts of interest, asserting that the Trump family has never been involved in such matters.PancakeSwap’s True Nature and Binance’s Role
PancakeSwap markets itself as a decentralized platform operated by anonymous "chefs," using a "flipping pancakes" analogy for crypto trading. However, former Binance employees have indicated that PancakeSwap was an internal initiative by Binance, launched in 2020 to capitalize on the decentralized finance (DeFi) trend, and has remained under Binance's control. Built on Binance's blockchain network, PancakeSwap benefits from Binance's technical support and market access, which have been crucial for USD1's success but were not fully disclosed publicly.USD1 Stablecoin Economics and Market Strategy
World Liberty Financial issues USD1, which has a circulating supply exceeding $2 billion. The stablecoin generates an estimated $80 million in annual revenue through interest earned on reserve funds invested in government bonds and money market funds. The Trump family holds a 40% stake in World Liberty Financial, with their share recently valued at $45 billion. To stimulate demand for USD1, PancakeSwap initiated a "liquidity drive" campaign, offering rewards up to $1 million to the most active USD1 traders. This incentive led to a surge in USD1's daily trading volume on PancakeSwap, from a few million to over $10 billion, representing more than 90% of its global trading volume. A founder of a cryptocurrency AI company commented, "The prevailing view within this ecosystem is that Binance is supporting USD1."Binance’s Broader Support and Political Implications
Beyond PancakeSwap, Binance holds $2 billion worth of USD1 stablecoins, enabling World Liberty Financial to profit from reserve investments without needing to liquidate holdings. Binance also promotes USD1 trading projects through its "Binance Alpha" program, thereby expanding USD1's use cases. The Binance founder's political aspirations have emerged amidst these commercial ties. Despite his legal issues and substantial fines, he is reportedly pursuing a presidential pardon and has engaged lobbyists connected to the Trump family.Chinese Connections and Contrasting Political Rhetoric
The Trump family's cryptocurrency business shows strong ties to Chinese entities. PancakeSwap's website was initially registered in Shanghai, and the primary user base in the USD1 Telegram group appears to be Chinese. A billionaire cryptocurrency investor, reportedly a major backer of World Liberty, further links the venture to China. The Trump family's son and World Liberty co-founder is planning to attend a Bitcoin conference in Hong Kong to explore potential partnerships. World Liberty has also considered investment opportunities with HashKey, a Hong Kong-based crypto service provider with significant Chinese shareholders. These business activities stand in stark contrast to the political rhetoric emanating from the White House.Source: Trump Family's Cryptocurrency Ventures Surge 45 Billion Dollars, Driven by USD1 Stablecoin Growth on PancakeSwap