CZ: MGX's $2 billion investment in Binance has nothing to do with TRUMP tokens

Odaily Planet Daily News: Binance's former CEO CZ posted on platform X stating that he is sharing a video related to Trump's interview where he was asked a leading question about "a UAE company completing a $2 billion deal using TRUMP cryptocurrency" and said: "This is a typical example of FUD. The question in the interview is incorrect, vague, and misleading. If this question refers to MGX's $2 billion investment in Binance, this deal was completed using USD1 stablecoin, which has nothing to do with TRUMP tokens. TRUMP is just a meme coin, but this is an investment transaction between an investor in Abu Dhabi and a private company. The transaction can be done using any currency, such as Bitcoin, UAE Dirham, US dollars, or USD1, depending on the payer's choice. The recipient can convert the funds into any other currency after receiving the payment, and Binance offers the best global liquidity. FUD, 4. (By the way, finally more fiat/stablecoins are available to buy on dips.)