#StablecoinPayments

MGX launches historic investment of $2.000M with pro-Trump stablecoin 🇺🇸💰🚀

During his appearance at the Token2049 event in Dubai 🇦🇪, Eric Trump —yes, the son of the U.S. president— dropped a bomb: MGX, an investment firm from Abu Dhabi, will invest $2.000 million in Binance using USD1, a stablecoin linked to none other than the Trump family. 🤯

😲 Yes, you read that right: a "pro-Trump" stablecoin will be the pathway for one of the largest investments in the history of the Web3 ecosystem. 💸🔥

👉🏻🪙 What is USD1?

USD1 is the stablecoin issued by World Liberty Financial (WLFI), a crypto platform with direct ties to the Trump family. It was launched in March 2025 🗓️, and aims to compete with giants like USDT and USDC... but with a rather peculiar political twist. 🎯

😎 What does Binance have to do with all this?

MGX announced on March 12 a gigantic institutional investment in Binance, the number one exchange in the world 🌍. At that time, it was unclear which stablecoin they would use... until Eric revealed everything in Dubai! 🗣️

"Banks are a joke," Eric Trump shot during his panel.

He criticized the hours, the slowness of the traditional financial system ⏰🏦, and said that sending money via SWIFT is like using a fax in 2025: "Slow, expensive, and senseless".

Meanwhile, cryptos settle in minutes… and without banks in between. ⛓️⚡

👉🏻Why is this important?

1️⃣It is the first institutional investment in Binance, which could mark a turning point for the exchange.

2️⃣It involves the entry of "geopolitical" capital into the crypto world.

3️⃣It further validates the real use of stablecoins as global financial tools. 🌎

And yes, USD1 is now officially on the radar...

Will it be a masterstroke or pure political marketing?

Are we witnessing the birth of "partisan stablecoins"? 🧐

📌 Sources: Cointelegraph, WLFI, Token2049 Dubai, Binance Blog