Trump’s WLFI Explores Stablecoin Partnership with Binance Amid Controversies

According to a recent Bloomberg report dated March 13, discussions regarding a potential collaboration between the WLFI cryptocurrency project and Binance Holdings Ltd., the largest digital asset exchange globally, have taken place. Sources close to the matter revealed insights into the negotiations, highlighting Binance’s historical admissions regarding the inadequacies in its framework for preventing illicit activities. The current stage of these talks remains unclear, with no confirmation that a formal agreement will materialize.

Two insiders disclosed that the conversations might involve Binance’s intention to collaborate with WLFI in launching a stablecoin—a cryptocurrency linked to the US dollar. Promoted by Donald Trump and his family since September, WLFI has generated considerable interest in the crypto market. Importantly, the founding documents indicate a substantial profit potential for the Trump family, as they could receive up to 75% of the company’s net earnings, reflecting their vested interests in the project’s success.