随着特朗普·斯塔布雷因（Trump Stablecoin）的兴起，新的争议席卷了加密世界

World Liberty Financial在三月份宣布了USD1，这是一美元，由美国国债，美元和其他现金等价物的支持。

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.

随着特朗普·斯塔布尔（Trump Stablecoin）的兴起，新的争议席卷了加密货币世界。由唐纳德·特朗普（Donald Trump）的Crypto Venture World Liberty Financial推出，Stablecoin现已成为总部位于阿布扎比的MGX投资20亿美元投资的核心作品，以投资加密交易所巨头binance（未列出）。此举引发了政治强烈反对，并提出了关于数字金融中道德，影响力和监管未来的问题。

What Is the Trump Stablecoin?

特朗普稳定的是什么？

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，这是一美元，由美国国债，美元和其他现金等价物的支持。根据联合创始人Zach Witkoff的说法，USD1旨在提供财务访问，而没有像银行这样的传统中介机构。

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.

维科夫在迪拜加密货币会议上宣布，MGX选择了USD1，以促进其20亿美元通过Binance（通过交易量）Binance（Binance）交易。根据Binance的区块链发布的Stablecoin，其发行价值飙升至每个CoinMarketCap，至21亿美元。一个匿名钱包几乎所有这些金额在4月份的两周范围内获得了资金。尽管钱包所有者的身份尚不清楚，但交易巩固了USD1在高风险国际投资协议中的作用。

Political Firestorm Over Trump-Linked Crypto

与特朗普与加密货币有关的政治大火

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·斯塔布莱因（Trump Stablecoin）参与全球金融，引发了严格的政治审查。民主党参议员伊丽莎白·沃伦（Elizabeth Warren）批评了MGX-Binance协议，警告说，它举例说明了与特朗普有联系的金融合资企业如何利用即将到来的立法。

“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.

沃伦说：“这是腐败的，”沃伦说，所谓的“天才”法案将规范稳定的人。她辩称，该法案可以使总统及其家人自我交往，特别是考虑到特朗普宣布有雄心宣布为美国加密货币统治的野心。

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.

尽管有反对，但世界自由金融尚未发表评论，白宫也没有。尽管如此，特朗普的加密策略仍在受到关注，尤其是在国际投资者贾斯汀·孙（Justin Sun）等国际投资者中，贾斯汀·孙（Justin Sun）是Tron区块链背后的基于香港的加密企业家。 Sun已向World Liberty倾注了至少7500万美元，并担任顾问，主持了Witkoff和Eric Trump的迪拜小组。

Trump, Binance, and High-Profile Partnerships

特朗普，binance和备受瞩目的伙伴关系

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.

尽管USD1的采用是世界自由的巨大胜利，但在监管后果后，Binance恢复了一个新阶段。前Binance首席执行官Changpeng Zhao去年认罪，违反了美国反洗钱法律，并作为与美国政府达成43亿美元和解的一部分辞职。然而，在阿布扎比与维多克夫和其他与特朗普有联系的高管的会议上，赵仍然是主要的企业股东。

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.

尽管Binance的法律历史和围绕特朗普的加密货币计划的审查，他们的公开聚会表明了一个强大的联盟。照片上的大型加密玩家（又是新手）愿意与政治上有争议的数字合作，如果这会导致大量资本流入。

Tron Integration Expands Stablecoin Reach

TRON集成扩展了稳定范围

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.

超越二元车，USD1也正在扩展到Tron，这是一个广泛用于付款的区块链，以低费用而闻名。这种战略整合可以进一步提高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的迅速上升并非没有风险，尤其是SEC先前提起的证券欺诈诉讼，针对太阳和美国日益严格的不确定性

What’s Next for the Trump Stablecoin?

特朗普Stablecoin的下一步是什么？

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的爆炸性增长强调了Stablecoins在全球金融中的越来越多的作用，但也带来了政治纠缠的风险。随着特朗普回到白宫并承诺重塑加密政策，他的家人的冒险可能会留在显微镜下。 USD1是否成为财务通道的合法工具，还是引起争议的磁铁，可能更多地取决于华盛顿，而不是在华尔街或阿布扎比。

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.

不过，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占据了一席之地，也可能是分散财务的未来。