USD1 flows to Binance as Fireblocks wallet moves $30M

2 weeks ago 20



A Solana wallet labeled as Fireblocks Custody transferred another 30 million USD1 to Binance during a 15-hour period, according to an Aug. 31 report from blockchain tracker Onchain Lens. Summary Fireblocks-labeled custody wallet sent 30 million Solana-based USD1 tokens to Binance across fifteen reported hours. Onchain records confirm transfers, but they do not identify the beneficial owner or transaction purpose. The same wallet previously transferred 66 million USD1 to Binance during the preceding reported week. USD1 is issued by World Liberty Financial and operates across multiple networks, including Solana today. Neither Fireblocks, Binance nor World Liberty publicly explained whether the deposits supported trading or liquidity. The tokens had a nominal value of $30 million because USD1 is designed to track the U.S. dollar. The transfer extended a series of large deposits from the same address, but its commercial purpose remains unknown. Neither Fireblocks, Binance nor USD1 developer World Liberty Financial had publicly identified the beneficial owner or explained the transfers when the latest movement was reported. TRUMP-BACKED solana:USD1ttGY1N17NEEHLmELoaybftRBUSErhqYiQzvEmuB...

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