Bera USD (BUSD)

I trade crypto in Shenzhen. I have never been to the United States.

I access Binance through a VPN because the exchange is banned in my country. It is also banned in America. The stablecoin connects us.

In December 2025 Binance converted its BUSD collateral reserves to USD1. Added trading pairs. Zero maker fees. Zero taker fees. A $40 million promotion paying users in governance tokens to hold it.

I did not choose USD1. I chose the zero-fee pair. Top of the list. Promoted. The zero-fee pair was USD1.

In China we have a phrase. 割韭菜. Cut the leeks. The big players harvest the retail investors like vegetables. We regrow. They cut again. I have been cut before. I understood the game.

USD1 is issued by World Liberty Financial. The President's venture. I read the terms after the conversion. The family collects 75 cents of every dollar in net revenue. The dollars backing my balance sit in Treasuries earning interest. That interest does not come to me.

Is this what Liberty means in America? To be inside a finan