Wu reported that Zack Guzmán, founder of the crypto media Coinage, stated that “60 Minutes” is producing a report on the “Trump family crypto empire” and its investigation into the pardon of Binance founder CZ. He revealed that Coinage has become a source for CBS due to its ongoing tracking of Trump's crypto business. He pointed out that Trump's previous actions, such as issuing NFT trading cards and launching memecoins, were still within the realm of entertainment, but when his family issued the stablecoin USD1 (World Liberty Financial), the nature shifted from “fan speculation” to “using presidential power for profit.” If USD1 is widely used, the Trump family business could earn billions of dollars from reserve interest. More notably, Binance reached an agreement with World Liberty Financial to accept 2 billion USD1, which accounts for about 90% of USD1's market capitalization, meaning Binance is giving up about 40 million USD in annual interest earnings.
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