Behind BUILDon's surge of 40 times, Trump and CZ launch a $2 billion cryptocurrency speculation

Reprinted from chaincatcher
05/22/2025·24DAuthor: BUBBLE, Techflow
Today, the DeFi project World Liberty Financial, which was participated by the Trump family, officially released an X tweet, which is a mascot of BSC that supports BSC to build culture, and acquired about $25,000 in $B. As soon as the news came out, the market was in an uproar. The token market value soared from 40 million to 140 million in 20 minutes, and it is now quoted at US$180 million.
This is not only the first time that WLFI has publicly supported a "Meme Coin", but it also hides a clear logical chain. From WLFI, USD1, Fourmeme, Binance Alpha, and then to BNB Chain's stable asset strategy, the narrative of "advertising" stablecoins with Meme is taking shape rapidly.
Buildon with strong endorsement from Binance Alpha + WLFI within a week
In fact, $B is not a new currency. It was first released on BNB Chain in April this year through the Meme Launchpad platform Fourmeme.
As early as early April, the clues about $B were already hidden in the pictures of Fourmeme's tweet, and the caption of this X tweet was "Through the Meme forest, the final clue is waiting."
The initially bound trading pair was BNB, with a market value of between $2.5 million and $5 million. Although the market value is not low, due to the average trading activity, it did not attract large-scale attention in the early stage.
B uildon ushered in a turning point in mid-May. On May 15, the B UILDon project party officially announced the addition of $USD1 as a core trading pair. This is a structural transformation and the first step in the beginning of $B's link to the WLFI ecosystem.
From that moment on, the narrative of $B changed from a BNB CHAIN mascot to a core token bound to USD1, and began to take over USD1's liquidity, laying the groundwork for greater "cooperation" in the future.
On May 17, BUILDon announced two days after adding the USD1 trading pair to jointly host the USD1 trading competition with the Fourmeme platform, with a prize of up to $200,000 and the prizes are provided by the BUILDon project party.
BUILDon stated in the event details that the event was to "become the first on-chain project to fully support and access USD1 stablecoin and will actively respond to BNB Chain's mission to promote USD1".
The data also confirms this. During the activity period in the next few days, $B occupied more than 50% of the transaction volume of $USD1 in the entire chain, becoming the actual main pool of USD1.
4 days later, B UILDon launched B inance Alpha, and together with it, $MERL and $TGT, but the link below when B inance was posted was a direct transaction page to $B. But the market response was mediocre, and the attention it received was far less than that of tokens such as MERL, and the price rose by only up to 50%.
This morning, WLFI officially released a statement on a social platform saying that it supports Meme project $B and completed the token purchase operation through the on-chain address. After the news was released, the market price of $B rose rapidly, and its market value rose from the original about $40 million to about $150 million in a short period of time, with significantly increasing trading volume, becoming one of the most highly watched Meme projects on BNB Chain.
The total issuance of USD1 stablecoin launched by WLFI and B inance has exceeded 2.13 billion units on the entire network, of which more than 90% are deployed on BNB Chain; and among all its non-stable currency trading pairs, the transaction volume of $B has been dominant for a long time, accounting for more than 90% in some periods.
The highly regulated questioned USD1, with $2 billion "conspiracy" with
Trump and CZ
On May 22, according to crypto reporter Eleanor Terrett, the stablecoin GENIUS Act passed a debate motion with 69 votes in favor and 31 votes against, and entered the amendment process. The bill may become the first federally-level stablecoin regulatory framework in the United States, and is generally considered by the industry to reshape the entire stablecoin market.
But before that, the GENIUS bill was violently blocked by Democrats during its first Senate vote.
On May 9, the U.S. Senate rejected the bill, and Democrats collectively rejected the bill's motion to advance it. Democrats have asked for clear clauses to prohibit executive officials, including President Trump and his family members from holding or trading cryptocurrencies, and strengthening anti-corruption clauses.
And two days ago, Democratic Senator Elizabeth Warren also said, "Trump has used his stablecoin to reach a $2 billion deal with a suspicious fund in the UAE. The Senate will vote on the GENIUS Act, a crypto bill that will make the president's fraud easier. If we don't solve this problem, no senator should vote for it."
Democrats’ doubts about Trump’s interests first came from a report in the Wall Street Journal.
On March 13, 2025, the Wall Street Journal revealed that the Trump family was negotiating to acquire a large number of shares in Binance. US, but CZ strongly denied it. Bloomberg later also posted a message saying that they were very sure the source of some of the content was very reliable, and quoted the statements of four anonymous people who knew the inside story, including the upcoming launch of a stablecoin, which is the US D1 we see now.
Despite strong denials from both parties, the interaction between USD1 and Binance still reflects the close relationship between the two.
On May 1, according to CoinDesk, Eric Trump, the second son of US President Donald Trump, said that World Liberty Financial's issuance of US dollar stablecoin (USD1) has been officially selected as the official stablecoin used to complete MGX's $2 billion investment in Binance.
In March this year, Abu Dhabi-based investment company MGX announced that it would invest $2 billion in Binance shares. It is reported that this investment represents MGX's first entry into the cryptocurrency and blockchain field, acquiring a minority stake in Binance, but at that time, everyone was not clear about the specific channels for investing in Binance.
By the end of April, WLFI and CZ's official social media account released photos of three WLFI co-founders meeting with CZ in Abu Dhabi, and said the talk included discussions on how to expand global adoption, set new standards and take cryptocurrencies to new levels.
Interestingly, on March 21, Trump's "Crypto Tsar" David Sacks would also meet with MGX's chairman and UAE's national security adviser Tahnoun bin Zayed Al Nahyan to explore the transformative impact of AI on various fields, the expanding role of digital currencies in reshaping the financial system, and the investment opportunities that emerge when they merge.
Although there is no more confirmed news, the frequent interaction between WLFI and Binance has indeed caused a lot of speculation from the crypto community. There are even some KOLs that recently revealed that Binance will "activate BNB and USD1 to issue new WLFIs" soon. Of course, the rumor has not been confirmed.
Looking back, the interaction between WLFI, USD1 and B inance was not on a whim, and the Trump family's interest in crypto trading platforms led by B inance has lasted for a long time. A closer look reveals that a crypto trading platform is the only missing Crypto business in the Trump family's crypto empire. Perhaps, $B is just the beginning of this $2 billion "open conspiracy".