Eric Trump’s World Liberty Stablecoin to Fuel MGX’s $2B Binance Play—Because Nothing Says ’Financial Revolution’ Like Nepotism Meets Crypto
World Liberty’s stablecoin—backed by the Trump empire’s signature blend of patriotism and questionable financial engineering—is reportedly bankrolling a $2 billion Binance investment by MGX. Because when traditional funding dries up, why not mint your own money?
The move raises eyebrows among crypto purists but fits perfectly with 2025’s trend of institutional gambles dressed as innovation. MGX gets cheap capital, Binance gets another whale client, and Eric gets to prove the Trump brand still moves markets—even if it’s just the meme economy.
Bonus jab: Nothing stabilizes a stablecoin like having ’Liberty’ in the name while being functionally indistinguishable from Tether’s creative accounting.
What’s USD1?
The USD1 is a newly introduced USD-backed stablecoin associated with the Trump family, developed by World Liberty Financial. Launched to the public in March 2025, the stablecoin is said to be backed by US Treasuries and cash equivalents. It is designed to facilitate transparent and secure cross-border transactions.
Upon its release, Trump stated that the stablecoin would be “one of the most transparent and regulated stablecoins in the world.”
Recently, DWF Labs announced that it invested $25 million in World Liberty Financial’s governance tokens (WLFI), as part of its plans on expanding into the US.
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