💰 Trump-Backed USD1 Stablecoin Facilitates $2B Binance Deal
World Liberty Financial’s USD1 stablecoin, backed by U.S. Treasuries and other cash equivalents, has been utilized in a $2 billion investment by Abu Dhabi-based MGX Fund Management Limited in Binance. This development underscores the growing influence of Trump-backed financial instruments in the cryptocurrency sector. The USD1 stablecoin’s backing by U.S. Treasuries adds a layer of credibility and stability, making it an attractive option for large-scale transactions.
