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BTC $78,725.96 -0.79%
ETH $2,491.71 -0.35%
BNB $751.06 +1.23%
XRP $1.41 +0.75%
SOL $103.51 -0.66%
TRX $0.3390 +1.35%
DOGE $0.0900 -1.36%
ADA $0.2185 -1.52%
BCH $257.51 -1.68%
LINK $12.47 -2.27%
HYPE $85.52 +0.43%
AAVE $129.00 -2.64%
SUI $0.8115 -2.57%
XLM $0.1878 -3.17%
ZEC $1,180.16 +3.31%

Bloomberg reported that Binance helped WLFI write the USD 1 code, and CZ accused the former of inaccurate reporting

2025-07-12 00:56:24

ChainCatcher news, according to a report by Bloomberg on Friday citing three insiders, Binance had helped WLFI create (write the basic code), promote the USD 1 stablecoin, and played a role in its largest transaction before seeking a pardon from CZ.

In response, CZ stated that Bloomberg's article was sponsored by competitors and contained multiple factual inaccuracies.

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