Binance, the world's largest crypto exchange, has just received a massive $BTC 2 billion investment—and it’s coming through a stablecoin linked to the Trump family.
This groundbreaking deal was made through MGX, an investment firm based in Abu Dhabi, using the stablecoin USD1, developed by World Liberty Financial (WLF)—a company reportedly 60% owned by the Trump family.
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What is USD1?
USD1 is a stablecoin pegged 1:1 to the US Dollar.
Fully backed by U.S. Treasuries and cash reserves.
Launched by World Liberty Financial to provide an "American-backed" alternative to Tether and USDC.
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Market Impact
Bitcoin surged 30%, reaching over $BTC 97,000, following the news.
Binance CEO Richard Teng predicts record-high crypto prices in 2025, thanks to improved US regulations and mass adoption.
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Controversy
Senator Elizabeth Warren and several watchdogs raised ethical concerns.
Critics argue the Trump family's crypto push could blur political and financial boundaries.
The stablecoin launch coincides with regulatory moves in the U.S., raising eyebrows in Washington.
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Opportunities for Traders
Binance will soon launch new trading pairs with USD1.
Volatility expected in BNB, BTC, and other altcoins, giving traders a chance to benefit from sharp movements.
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Conclusion
The $BTC 2 billion USD1 deal positions Binance at the forefront of a new era in crypto finance, with political influence and regulation playing a bigger role than ever before. Traders and investors should stay alert—we may be entering the next bull cycle.
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