#StablecoinPayments 🤑 MGX launches historic investment of $2 billion with pro-Trump stablecoin 🇺🇸💰🚀
During his appearance at the Token2049 event in Dubai 🇦🇪, Eric Trump —yes, the son of the U.S. president— dropped a bomb: MGX, an investment firm from Abu Dhabi, will invest $2 billion in Binance using USD1, a stablecoin linked to none other than the Trump family. 🤯
😲 Yes, you read that right: a "pro-Trump" stablecoin will be the pathway for one of the largest investments in the history of the Web3 ecosystem. 💸🔥
👉🏻🪙 What is USD1?
USD1 is the stablecoin issued by World Liberty Financial (WLFI), a crypto platform with direct ties to the Trump family. It was launched in March 2025 🗓️, and aims to compete with giants like USDT and USDC... but with quite a peculiar political twist. 🎯
😎 What does Binance have to do with all this?
MGX announced on March 12 a gigantic institutional investment in Binance, the world's number one exchange 🌍. At that time, it was not known which stablecoin they would use... until Eric spilled the beans in Dubai! 🗣️
"Banks are a joke," shot Eric Trump during his panel.
Criticized the hours, the slowness of the traditional financial system ⏰🏦, and said that sending money via SWIFT is like using a fax in 2025: "Slow, expensive, and senseless."
Meanwhile, cryptos settle in minutes… and without banks in between. ⛓️⚡
👉🏻Why is this important?
1️⃣It is the first institutional investment in Binance, which may mark a turning point for the exchange.
2️⃣It involves the entry of "geopolitical" capital into the crypto world.
3️⃣It further validates the real use of stablecoins as global financial tools. 🌎
And yes, USD1 is now officially on the radar...
Will it be a masterstroke or pure political marketing?
Are we witnessing the birth of "partisan stablecoins"? 🧐
📌 Sources: Cointelegraph, WLFI, Token2049 Dubai, Binance Blog
🤔💬What do you think about all this? Would you buy a stablecoin associated with a political figure?
💬📲Leave it to me in the comments!
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