You would be surprised…

Regarding CZ and Binance and the Trumps, they have kind of a symbiotic relationship.

After Binance and CZ pleaded guilty to money laundering in November 2023, for which they paid over $4 billions in fines, WLFI (which is a clone of AAVE belonging to the Trump family) launched a stablecoin called USD1. Magically on March 2025, $2 billion flowed into Binance through MGX, a state backed Abu Dhabi fund, later revealed to have been paid in USD1 (two months before it was unveiled and without at the time no effective audits), effectively propping WLFI’s coin (backed, unbacked, nobody knows, I assume backed). CZ applied for a presidential pardon inmediately after in May 2025.

WLFI now gets to earn about $60–80 million per year in yield from the USD1…

…As long as Binance doesn’t redeem those $2 billion.

I still don’t know what MGX got out of this deal, but I am pretty sure they didn’t walk empty handed.