$BNB Binance Facilitates $2 Billion Investment via $TRUMP Trump’s USD1 Stablecoin.

In a landmark deal, Abu Dhabi-based investment firm MGX has chosen USD1, a stablecoin launched by Donald Trump’s World Liberty Financial (WLFI), to settle a $2 billion investment in Binance, the world’s largest crypto exchange. Announced at the Token2049 conference in Dubai, this marks one of the largest funding deals in Web3 history. USD1, issued on Binance’s $BNB BNB Chain, has surged to a $2.1 billion market cap, breaking into the top 10 stablecoins. This move underscores Binance’s growing clout and its blockchain’s role in facilitating high-profile transactions. The deal also highlights the increasing integration of stablecoins in global finance, with USD1 earning interest from underlying assets like treasuries.