This marks the first major public conflict between cryptocurrency giants over control of stablecoin infrastructure, revealing how centralized entities are positioning themselves as gatekeepers of digital commerce. The involvement of World Liberty Financial introduces a new player in the consolidation of global financial control systems.
Crypto Giants' Battle Hints at Digital Beast System Infrastructure
📰 What Happened
Coinbase CLO Paul Grewal denied allegations that his company leaked information to Bloomberg about Binance's involvement with World Liberty Financial's stablecoin. The controversy emerged after crypto personality Matt Wallace claimed Coinbase was trying to prevent Binance's US market re-entry by blocking a potential pardon for founder Changpeng Zhao. The dispute highlights tensions between major cryptocurrency exchanges as they compete for control of digital financial infrastructure.
📖 Prophetic Significance
The power struggle between Coinbase and Binance over stablecoin control represents a crucial timeline marker in the development of the prophesied economic control system. Grewal's denial of attacking competitors while major exchanges vie for market dominance shows how digital currency infrastructure is being consolidated under fewer authorities. The potential pardoning of Changpeng Zhao could accelerate this centralization, as Binance's global reach and lower fees would give it unprecedented control over digital transactions - a necessary precursor to the prophesied mark of the beast system.