#AbuDhabiStablecoin

Abu Dhabi's MGX investment firm has invested $2 billion in Binance using the USD1 stablecoin, launched by Donald Trump's World Liberty Financial. This move strengthens Binance's ties with the UAE, aligning with the nation's ambition to become a global crypto hub. The USD1 stablecoin is fully backed by U.S. Treasuries and cash equivalents, ensuring stability. This investment underscores the growing integration of traditional finance with digital assets in the region.