USD1 Concentration, Saylor's Leverage, and the SafeMoon Sentencing | Trust Issues 010
Welcome to Trust Issues--
A Forbes report drops that Binance and CZ hold 87% of World Liberty Financial's USD1 stablecoin. That is not decentralization. That is one entity holding almost all of a dollar-pegged token tied to the sitting president's family business, with early investment flowing through a sovereign wealth fund.
The crew breaks down what that concentration actually means and why the mainstream coverage of it barely scratches the surface. The conversation rolls into Michael Saylor's MicroStrategy leverage strategy and the systemic risk it creates if that stock faces real…
The skinny
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