Binance has attracted attention following reports of private meetings between its executives and US Treasury officials in March. The discussions aimed to address regulatory challenges as the exchange looks to expand into the American market.

This news comes after Binance's $4.3 billion settlement with the US Department of Justice in 2023 for previous violations of anti-money laundering laws. Speculation is rising that former Binance CEO Changpeng Zhao might be cooperating with US authorities in investigations related to TRON founder Justin Sun. While no confirmation has been provided, the possibility of Zhao's involvement has sparked interest, given Sun's previous legal issues.

Zhao has refuted the sensationalist claims made by The Wall Street Journal, hinting at new advocacy efforts for Binance without giving specifics. In response, Justin Sun denied any wrongdoing and emphasized his ongoing collaboration with US authorities.

Additionally, Binance is reportedly considering a partnership with World Liberty Financial (WLFI) to list its stablecoin, USD1, on the Binance platform. This potential agreement could benefit both parties by providing WLFI's stablecoin with a global platform and helping Binance rebuild its reputation in the US market. The move could also position WLFI to compete with established stablecoin leaders and reshape the landscape of dollar-backed digital assets.