隨著特朗普·斯塔布雷因（Trump Stablecoin）的興起，新的爭議席捲了加密世界

World Liberty Financial在三月份宣布了USD1，這是一美元，由美國國債，美元和其他現金等價物的支持。

A new wave of controversy is sweeping through the crypto world with the rise of the Trump stablecoin, USD1. Launched by Donald Trump’s crypto venture, World Liberty Financial, the stablecoin has now become a central piece in a massive $2 billion investment from Abu Dhabi-based MGX into crypto exchange giant Binance (unlisted). The move has ignited political backlash and raised questions over ethics, influence, and the future of regulation in digital finance.

隨著特朗普·斯塔布爾（Trump Stablecoin）的興起，新的爭議席捲了加密貨幣世界。由唐納德·特朗普（Donald Trump）的Crypto Venture World Liberty Financial推出，Stablecoin現已成為總部位於阿布扎比的MGX投資20億美元投資的核心作品，以投資加密交易所巨頭binance（未列出）。此舉引發了政治強烈反對，並提出了關於數字金融中道德，影響力和監管未來的問題。

What Is the Trump Stablecoin?

特朗普穩定的是什麼？

World Liberty Financial unveiled USD1 in March as a dollar-pegged stablecoin backed by U.S. Treasuries, dollars, and other cash equivalents. According to co-founder Zach Witkoff, USD1 is designed to provide financial access without traditional intermediaries like banks.

World Liberty Financial在三月份宣布了USD1，這是一美元，由美國國債，美元和其他現金等價物的支持。根據聯合創始人Zach Witkoff的說法，USD1旨在提供財務訪問，而沒有像銀行這樣的傳統中介機構。

Witkoff announced at a Dubai crypto conference that MGX chose USD1 to facilitate its $2 billion transaction with Binance, the world’s largest crypto exchange by trading volume. The stablecoin, issued on Binance’s blockchain, has seen its circulation value soar to $2.1 billion, per CoinMarketCap. An anonymous wallet holding nearly all of that amount received the funds over a two-week span in April. Though the identity of the wallet’s owner is unknown, the transaction cements USD1’s role in a high-stakes international investment deal.

維科夫在迪拜加密貨幣會議上宣布，MGX選擇了USD1，以促進其20億美元通過Binance（通過交易量）Binance（Binance）交易。根據Binance的區塊鏈發布的Stablecoin，其發行價值飆升至每個CoinMarketCap，至21億美元。一個匿名錢包幾乎所有這些金額在4月份的兩週範圍內獲得了資金。儘管錢包所有者的身份尚不清楚，但交易鞏固了USD1在高風險國際投資協議中的作用。

Political Firestorm Over Trump-Linked Crypto

與特朗普與加密貨幣有關的政治大火

The Trump stablecoin’s involvement in global finance has triggered fierce political scrutiny. Democratic Senator Elizabeth Warren criticized the MGX-Binance deal, warning that it exemplifies how Trump-linked financial ventures could exploit upcoming legislation.

特朗普·斯塔布萊因（Trump Stablecoin）參與全球金融，引發了嚴格的政治審查。民主黨參議員伊麗莎白·沃倫（Elizabeth Warren）批評了MGX-Binance協議，警告說，它舉例說明了與特朗普有聯繫的金融合資企業如何利用即將到來的立法。

“This is corruption,” Warren said, referencing the so-called “GENIUS” Act that would regulate stablecoins. She argued that the bill could enable self-dealing by the President and his family, especially given Trump’s declared ambitions to overhaul U.S. crypto rules if re-elected.

沃倫說：“這是腐敗的，”沃倫說，所謂的“天才”法案將規範穩定的人。她辯稱，該法案可以使總統及其家人自我交往，特別是考慮到特朗普宣布有雄心宣佈為美國加密貨幣統治的野心。

Despite the backlash, World Liberty Financial has not commented, and neither has the White House. Still, Trump’s crypto strategy is gaining traction, especially among international investors like Justin Sun, the Hong Kong-based crypto entrepreneur behind the TRON blockchain. Sun, who has poured at least $75 million into World Liberty and serves as an adviser, moderated the Dubai panel featuring Witkoff and Eric Trump.

儘管有反對，但世界自由金融尚未發表評論，白宮也沒有。儘管如此，特朗普的加密策略仍在受到關注，尤其是在國際投資者賈斯汀·孫（Justin Sun）等國際投資者中，賈斯汀·孫（Justin Sun）是Tron區塊鏈背後的基於香港的加密企業家。 Sun已向World Liberty傾注了至少7500萬美元，並擔任顧問，主持了Witkoff和Eric Trump的迪拜小組。

Trump, Binance, and High-Profile Partnerships

特朗普，binance和備受矚目的伙伴關係

While USD1’s adoption is a big win for World Liberty, it also signals a new phase in Binance’s recovery after regulatory fallout. Former Binance CEO Changpeng Zhao pleaded guilty last year to violating U.S. anti-money laundering laws and stepped down as part of a $4.3 billion settlement with the U.S. government. Yet Zhao, still a major Binance shareholder, was seen in Abu Dhabi meeting with Witkoff and other Trump-linked executives.

儘管USD1的採用是世界自由的巨大勝利，但在監管後果後，Binance恢復了一個新階段。前Binance首席執行官Changpeng Zhao去年認罪，違反了美國反洗錢法律，並作為與美國政府達成43億美元和解的一部分辭職。然而，在阿布扎比與維多克夫和其他與特朗普有聯繫的高管的會議上，趙仍然是主要的企業股東。

Their public reunion suggests a strong alliance, despite Binance’s legal history and the scrutiny surrounding Trump’s crypto initiatives. The photo-op serves as a signal that big crypto players—old and new—are willing to partner with politically controversial figures if it leads to significant capital inflow.

儘管Binance的法律曆史和圍繞特朗普的加密貨幣計劃的審查，他們的公開聚會表明了一個強大的聯盟。照片上的大型加密玩家（又是新手）願意與政治上有爭議的數字合作，如果這會導致大量資本流入。

Tron Integration Expands Stablecoin Reach

TRON集成擴展了穩定範圍

Beyond Binance, USD1 is also expanding onto TRON, a blockchain widely used for payments and known for low fees. This strategic integration could further boost USD1’s utility in global crypto trading.

超越二元車，USD1也正在擴展到Tron，這是一個廣泛用於付款的區塊鏈，以低費用而聞名。這種戰略整合可以進一步提高USD1在全球加密交易中的效用。

The Trump stablecoin’s rapid rise, however, isn’t without risk—especially with the SEC’s previously filed securities fraud suit against Sun and growing regulatory uncertainty in the U.S.

但是，特朗普Stablecoin的迅速上升並非沒有風險，尤其是SEC先前提起的證券欺詐訴訟，針對太陽和美國日益嚴格的不確定性

What’s Next for the Trump Stablecoin?

特朗普Stablecoin的下一步是什麼？

The explosive growth of USD1 underscores the increasing role of stablecoins in global finance—but also the risks of political entanglement. With Trump back in the White House and pledging to reshape crypto policy, his family’s ventures will likely remain under a microscope. Whether USD1 becomes a legitimate tool for financial access or a magnet for controversy may depend more on Washington than on Wall Street or Abu Dhabi.

USD1的爆炸性增長強調了Stablecoins在全球金融中的越來越多的作用，但也帶來了政治糾纏的風險。隨著特朗普回到白宮並承諾重塑加密政策，他的家人的冒險可能會留在顯微鏡下。 USD1是否成為財務通道的合法工具，還是引起爭議的磁鐵，可能更多地取決於華盛頓，而不是在華爾街或阿布扎比。

For now, though, the Trump stablecoin has secured a place in one of the largest crypto deals of the year—and possibly the future of decentralized finance.

不過，目前，特朗普·斯塔布雷因（Trump Stablecoin）在一年中最大的加密交易之一中佔據了一席之地，也可能是分散財務的未來。