CZ is diverting traditional CEX business through the on-chain contract market. Binance's profits are being channeled to ASTER, ostensibly to expand USD1's use cases.
In reality, this is to avoid giving too much of the new business pie to Middle Eastern investors and the Trump administration. WLFI continues to mint USD1 on a large scale, with ASTER becoming the primary on-chain financial platform for USD1.
This combination of tactics is a politically correct narrative externally and a redistribution of interests internally.
From a trading perspective, if ASTER truly becomes the primary market for USD1, short-term capital inflows are expected. However, this kind of politically motivated currency carries significant risks.
It all depends on whether CZ's on-chain financial strategy can succeed.
$ASTER #PerpetualContractDEXFight
{future}(ASTERUSDT)