In a groundbreaking move, Abu Dhabi’s MGX investment firm is injecting $2 billion into Binance using a Trump-linked stablecoin called USD1. Announced by Eric Trump at Token2049 Dubai, the deal makes headlines not just for its size, but for its symbolism—ushering in a new chapter where political branding intersects with Web3 finance.
USD1, a stablecoin launched by World Liberty Financial in March 2025, is pegged to the U.S. dollar and directly affiliated with Donald Trump’s camp. This marks MGX’s first major crypto venture and represents Binance’s first institutional investment via a stablecoin.
Although Binance did not confirm the coin initially, Eric Trump’s announcement solidified the bold alignment of political capital, crypto finance, and institutional power.
Conclusion:
The USD1-powered MGX investment signals how legacy influence may shape future blockchain finance deals.
Takeaways:
$2B invested in Binance by MGX
Settlement via Trump-linked stablecoin USD1
Announced at Token2049 by Eric Trump
Largest institutional crypto investment to date
Source: Cointelegraph
