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$2 Billion Investment Deal Involving $TRUMP Trump-Linked Stablecoin

A UAE government-backed fund, MGX, plans to use a cryptocurrency created by the Trump family's company, World Liberty Financial, to fund a $2 billion minority stake acquisition in Binance, the world's largest cryptocurrency exchange. The deal, revealed at the Token2049 crypto conference in Dubai by World Liberty co-founder Zach Witkoff and Eric Trump, will use the firm's USD1 stablecoin. This development signifies a growing relationship between Binance and the United Arab Emirates.

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