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Bloomberg reports that Binance helped WLFI write the USD1 code, and CZ accuses the former of false reporting.
BlockBeats news, on July 12, according to a report from Bloomberg citing three informed sources, Binance had helped WLFI create (write the basic code), promote the USD1 stablecoin, and played a role in its largest transaction before seeking a pardon for CZ. In response, CZ stated that the Bloomberg article was sponsored by competitors and contained several factual inaccuracies.