Zhao Changpeng and Trump Meet at Mar-a-Lago From Prisoner to the President’s Strategic Partner

▲ Donald Trump, Changpeng Zhao, Stablecoin/ChatGPT-generated image

Changpeng Zhao (CZ), former CEO of Binance, held a surprise meeting with President Donald Trump at his Mar-a-Lago residence in Florida. The meeting, the first since Zhao received a presidential pardon in October last year, is interpreted as a signal symbolizing close cooperation between Binance and the Trump administration’s cryptocurrency policies.

According to foreign media reports including BeInCrypto, Zhao and Trump held in-depth discussions on measures to support USD1, the stablecoin issued by World Liberty Financial, a cryptocurrency project led by the Trump family. Binance currently custodians approximately 89% of the global circulating supply of USD1, playing a pivotal role in helping the asset gain a foothold in the market.

Following the meeting, Zhao stated on X (formerly Twitter), “We will actively support President Trump’s vision of making the United States the global capital of cryptocurrencies such as Bitcoin (BTC),” adding, “Binance’s custody technology and infrastructure will contribute to establishing USD1 as a trusted currency in global financial markets.” He also signaled that Binance would spare no effort in providing technical support and investment to foster the growth of the U.S. Web3 industry.

In 2023, Binance faced setbacks after being fined more than $4 billion by U.S. authorities for violations including anti-money laundering obligations, leading to an executive reshuffle. However, the atmosphere shifted dramatically following Trump’s pardon. At the time, Trump described Zhao as a “victim of political persecution” and pledged to ease regulations and promote the cryptocurrency industry. Binance has since been reorganizing its U.S. services while further strengthening its business ties with World Liberty Financial.

Economic experts view the Mar-a-Lago meeting as more than a simple encounter between a business leader and a politician, calling it a strategic move by the United States to solidify its dominance in dollar-based stablecoins. In conjunction with legislative efforts such as the proposed GENIUS Act on stablecoin regulation, the partnership between Binance and USD1 could become a new tool for expanding U.S. influence within the global financial system.

Under the leadership of CEO Richard Teng, Binance is currently accelerating efforts to enhance global regulatory compliance and attract institutional investors. Teng recently emphasized the strategic importance of the U.S. market, stating at a public event that “2026 will mark the first year in which the cryptocurrency industry fully integrates with traditional finance.”

Based on discussions held at Mar-a-Lago, Binance plans to move forward with expanding liquidity provision for USD1 and strengthening security standards for its custody services. The company also intends to accelerate the development of cryptocurrency payment infrastructure in the United States through collaboration with World Liberty Financial.

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