Today's biggest hot topic
Is none other than WLFI investing $2 billion in Binance with USD1
As for what USD1 is, you all understand
What's the difference between Binance and the Liangshan heroes?
This is really a case of pulling a wolf out of the air with empty hands, using stablecoins to purchase shares, truly playing the game well, no wonder $BNB can't rise
Eric Trump, son of U.S. President Donald Trump, stated that the USD1 stablecoin issued by World Liberty Financial (WLFI) has been officially selected as the stablecoin for the Abu Dhabi investment firm MGX to complete its $2 billion investment in Binance. Eric Trump expressed at the Token2049 event held in Dubai: "We thank MGX and Binance for their trust in us, and I believe this is just the beginning."
Earlier this year, the Abu Dhabi-based investment company MGX spent $2 billion to acquire shares in Binance. World Liberty Financial announced its plan to issue USD-backed stablecoins in cooperation with BitGo in March of this year.