CRYPTO MEET POLITICS
Abu Dhabi’s MGX fund is investing $2 billion in Binance using USD1, a stablecoin launched by World Liberty Financial, co-founded by Eric Trump and Zach Witkoff.
$USD1 is fully backed by U.S. Treasuries, cash, and equivalents, aiming to rival $USDT and $USDC .
The deal was announced at the Token2049 conference in Dubai.
