#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 bombshell: 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 avenue 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 a rather peculiar political twist. 🎯

😎 What does Binance have to do with all this?

MGX announced on March 12 a massive institutional investment in Binance, the number one exchange in the world 🌍. At that time, it was not known which stablecoin they would use... until Eric spilled the beans in Dubai! 🗣️

"Banks are a joke," Eric Trump stated during his panel.

He 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 nonsensical".

Meanwhile, cryptos settle in minutes… and without banks in the middle. ⛓️⚡

👉🏻 Why is this important?

1️⃣ It is the first institutional investment in Binance, which could mark a turning point for the exchange.

2️⃣ It involves the entry of "geopolitical" capital into the crypto world.

3️⃣ It further validates the real use of stablecoins as "partisan stablecoins"? 🧐

📌 Sources: Cointelegraph, WLFI, Token2049 Dubai, Binance Blog

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