Eric $TRUMP

$ Unveils USD1 Stablecoin as Key to $2B Binance Investment

At the Token2049 conference in Dubai, Eric $TRUMP —son of U.S. President Donald Trump—announced a major development in the crypto space: World Liberty Financial’s USD1 stablecoin will be used to finalize a $2 billion investment by MGX into Binance.

Trump revealed that USD1, a U.S. dollar-backed stablecoin, has been officially chosen as the settlement medium for the massive deal. Backed by cash equivalents and short-term U.S. Treasury instruments, USD1 aims to position itself as one of the most transparent and heavily regulated stablecoins in the market.

In a move to expand its utility and adoption, USD1 will also be integrated into the Tron blockchain ecosystem, which is supported by crypto billionaire Justin Sun. This integration is expected to further enhance the coin's scalability and transaction efficiency within the decentralized finance space.

The announcement signals growing mainstream acceptance of stablecoins in high-stakes institutional transactions and adds a new chapter to the evolving relationship between traditional finance, digital assets, and global blockchain infrastructure.