USD1 annualized 20% quota sold out! Binance cashes out 2 billion, see Trump's money-printing harvesting technique in one go

USD1

Christmas Eve Binance Launches USD1 Wealth Management with 20% Annualized Return, Selling Out in Seconds. This is a stablecoin issued by the Trump family through World Liberty Financial. Binance invested 2 billion USD in March, but the token was only minted on March 25, making it a “white IOU investment.” On the night of the event, large investors rushed to buy BTC to participate, and after the quota sold out, it was urgently increased to 3 billion USD. This article will analyze the process and actions of this money-printing harvest scheme.

USD1 Outrageous White IOU Investment: Sign First, Print Money Later

The creation method of USD1 is considered a bizarre case in financial history. On March 12, Binance signed an investment agreement with World Liberty Financial, announcing a 2 billion USD support for the USD1 stablecoin project. But strangely, the USD1 token was only officially minted on March 25, a full 13 days later. This means Binance signed the investment agreement before the target even existed.

Traditional investment logic is: target exists → due diligence → sign agreement → funds arrive. USD1’s logic is: sign agreement → target begins to exist → the other party prints money for you. This operation of “signing an investment agreement first, then printing money to pay” is internally called a “white IOU investment,” and it’s no exaggeration. From March 25 when the money was printed to now, nine months have passed, and Binance has not been idle. First, it announced support for USD1, then quickly listed USD1 trading pairs, laying the groundwork for this conspiracy.

Even more outrageous is that before signing the investment agreement, the total issuance of USD1 was only about 2.2 billion USD, with 2 billion being Binance’s investment. In other words, Binance did not get a market-circulating mature asset but a newly printed coin specifically for this transaction. This operation is akin to a “private placement” in equity investment, but in the stablecoin field, it is extremely rare because stablecoins are theoretically supposed to be minted 1:1 with real USD, not “investment-driven minting.”

Christmas Eve’s Carefully Designed Scheme: Perfect Harvest of Trump Time and Emotions

On Christmas Eve, Binance launched the USD1 wealth management project with an annualized return of up to 20%. The timing was extremely clever: Christmas is a holiday abroad, and releasing benefits on Christmas Eve is no different from Chinese New Year’s red envelopes—everyone participates enthusiastically. This event was definitely not a last-minute idea but a long-planned scheme, aimed at giving USD1 a nationwide exposure opportunity, shining the glory of the presidential family on America.

That night, a bizarre scene occurred: a big investor wanted to sell their BTC directly to buy USD1 for wealth management, but due to insufficient trading depth, the transaction price was driven down to $24,000. They originally aimed for a 20% annualized return but ended up selling BTC at $24K. This guy probably fainted in front of the screen. This episode perfectly demonstrates the craziness of market FOMO.

A 20% annualized return sounds extremely high, but the event lasted only one month, meaning the actual monthly yield was just 1.6% (20% divided by 12 months). If someone told you, “Deposit for one month and get 1.6%,” you might not be interested. But if they say, “Annualized 20%, limited to 50,000 U, for one month only,” you would definitely rush to participate, fearing you might miss out. This is the art of rhetoric: amplifying visual impact with annualized figures, creating scarcity and panic with quotas and time limits. Fully subscribed users with 50,000 U could earn $800 in a month, which is indeed a good return.

Three Ingenious Aspects of the Money-Printing Harvest Scheme

Timing: Launch benefits at the peak of public emotion on Christmas Eve to maximize participation

Number Packaging: The visual impact of 20% annualized return far exceeds the actual monthly rate of 1.6%, perfect rhetoric

Political Binding: Remind all Americans that “this big red envelope is given by your president”

USD1 White IOU Cash-Out Process: Whose Coin Was Bought by Whom?

It is known that the total issuance of USD1 is 2.2 billion USD, and yesterday, enthusiastic retail investors quickly snapped up all the quotas. So, whose coins did the retail investors buy? The answer is obvious: it’s the 2 billion USD quota previously accepted as investment by Binance. Overnight, the IOU turned into real cash—and retail investors rushed to buy, so much so that today USD1 had to be urgently increased to 3 billion USD, restoring the wealth management quota.

This is not meant to criticize Binance; turning IOUs into real money is their skill. This top-tier financial manipulation technique is truly admirable. In terms of marketing and design, they really understand how to use users. If you were Binance, would you choose to spend all 2 billion USD to blow up USD1, or use a swap method to let everyone hold it and then cash out successfully? This move turned everything into hard currency, not only offloading invisibly but also achieving a premium sale of stablecoins. Looking across the industry, this manipulation method is indeed brilliant.

USD1’s Ambition: Impact on Stablecoins Within Two Years?

More importantly, USD1’s market expectations have been raised. Currently, whether DAI or USDe, their market caps are still far from the hundred-billion-dollar mark. A week ago, USD1 was still a relatively low-ranked stablecoin, but now its market cap has already surpassed 3 billion USD. If USD1 continues to influence the market this way and attracts more assets, plus exchanges like Binance give it support and list trading pairs, reaching a hundred billion market cap within two years and securing the third place among stablecoins is not impossible.

Binance indeed has the capacity to create a new stablecoin giant worth hundreds of billions of dollars. Moreover, managing stablecoins is much simpler than other projects—just maintain the exchange rate and redemption. From a capital perspective, this is a conspiracy victory; from a retail investor’s view, it’s the power of consensus. If everyone can elevate the big picture to this level, maintaining USD1’s market cap is not difficult. It’s a grassroots operation built by Binance, the Trump family, and retail investors clapping along. Isn’t this a grand conspiracy? How impressive is that?

USD1-0.05%
BTC1.53%
DAI0.07%
USDE-0.05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)