Trump’s USD1 Stablecoin to Back MGX’s $2B Binance Investment
At Token2049 in Dubai, Eric Trump announced that the Trump family’s World Liberty Financial USD stablecoin (USD1) will be the official stablecoin for MGX’s $2 billion investment in Binance. The Abu Dhabi-based investment firm, MGX, had previously revealed plans to acquire a significant stake in the crypto exchange. The USD1 stablecoin, issued by WLFI, will launch natively on the TRON blockchain, marking a significant expansion of its footprint in the cryptocurrency space. This collaboration highlights the growing intersection of traditional finance and digital assets, with stablecoins playing a pivotal role in large-scale investments. The move also underscores Binance’s continued dominance in the crypto exchange market, attracting substantial institutional interest. The USD1 stablecoin’s integration with TRON further solidifies the blockchain’s position as a preferred platform for stablecoin deployments. This development is expected to bolster liquidity and stability in the crypto market, providing a reliable medium for high-value transactions. As the crypto industry evolves, partnerships like this demonstrate the increasing adoption of digital assets by mainstream financial players. The announcement has generated significant buzz in the crypto community, with many anticipating further details on the implementation and impact of this landmark investment.
Trump’s USD1 Stablecoin to Back MGX’s $2B Binance Investment
At Token2049 in Dubai, Eric Trump revealed that the Trump family’s World Liberty Financial USD stablecoin (USD1) will serve as the official stablecoin for MGX’s $2 billion investment in Binance. The Abu Dhabi-based investment firm had previously disclosed plans to acquire a significant stake in the crypto exchange.
The USD1 stablecoin, issued by WLFI, will launch natively on the TRON blockchain, marking an expansion of its footprint in the digital asset ecosystem. The move underscores growing institutional interest in stablecoins as a bridge between traditional finance and cryptocurrency markets.
Trump Family’s USD1 Stablecoin Chosen for MGX’s $2B Binance Investment
Eric Trump announced at Token2049 in Dubai that the Trump family’s USD1 stablecoin has been selected as the official stablecoin for MGX’s $2 billion investment in Binance. This move underscores the growing institutional interest in cryptocurrency as a cornerstone of modern finance.
The selection follows MGX’s earlier disclosure of plans to acquire a significant stake in the crypto exchange, signaling confidence in Binance’s market position despite regulatory challenges. Stablecoins continue to play a pivotal role in bridging traditional finance with digital asset ecosystems.
Eric Trump Unveils USD1 Stablecoin at TOKEN2049, Announces $2B Binance Deal
Eric Trump’s surprise appearance at TOKEN2049 in Dubai sent ripples through the crypto sphere with the launch of USD1, a dollar-pegged stablecoin by World Liberty Financial. The asset will anchor a monumental $2 billion investment agreement with Binance—marking one of the largest institutional crypto deals this year.
The stablecoin’s architecture leans on short-term U.S. Treasury bonds for backing, with TRON Blockchain integration already in the pipeline. Justin Sun’s involvement signals strategic cross-chain ambitions that could reshape stablecoin liquidity flows.
Trump-Backed Stablecoin USD1 to Power $2 Billion Binance Deal with Abu Dhabi’s MGX
World Liberty Financial’s USD1 stablecoin has been selected by Abu Dhabi’s MGX to facilitate a $2 billion investment in Binance, marking a significant milestone in institutional crypto adoption. The deal, initially announced in March 2025, represents Binance’s first institutional placement and underscores the growing preference for stablecoins in large-scale transactions.
Zach Witkoff, co-founder of World Liberty, confirmed USD1’s role during the Token2049 conference in Dubai. The Trump-endorsed stablecoin’s selection highlights its rising credibility in high-stakes financial operations. Binance, the world’s largest cryptocurrency exchange, continues to attract institutional capital as digital assets gain mainstream traction.
Ethereum Whales Accumulate $7M in ETH as Price Eyes $2200
Three crypto whales have aggressively accumulated Ethereum, purchasing 5,362 ETH worth over $7.2 million in coordinated moves. The transactions, tracked by Lookonchain, signal strong institutional interest as ETH price rallies 5% to $1,862.
One entity borrowed $3.44 million USDC from Aave to acquire 1,856 ETH, while another Leveraged $2.34 million for 1,259 ETH. A newly created wallet withdrew 2,250 ETH ($4.12 million) directly from Binance - the kind of cold storage move that typically precedes long-term holding.
The buying spree coincides with Ethereum breaking key resistance levels. Market makers appear to be positioning for the $2,200 threshold, a psychological barrier that could trigger further upside if breached.
Binance Wallet Integrates Sonic, Announces S Token Airdrop
Binance Wallet has integrated Sonic, a high-speed Layer 1 blockchain network, into its DeFi platform, enabling users to trade emerging tokens within the Sonic ecosystem via Binance Alpha. The move triggered an 18% surge in the price of the S token, though full details of the initiative remain undisclosed.
Eligible transactions include those made through Binance Wallet (Keyless) or Binance Alpha. The integration highlights Binance Wallet’s continued expansion into decentralized finance.
