🇦🇪 Major Investment: Abu Dhabi’s MGX to Inject $2B into Binance Using Trump-Linked Stablecoin

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Abu Dhabi-based investment firm MGX plans to invest $2 billion in Binance, utilizing USD1—a stablecoin developed by World Liberty Financial, a company associated with the Trump family $TRUMP . The announcement was made at the TOKEN2049 conference in Dubai by World Liberty co-founder Zach Witkoff and Eric Trump. USD1 is pegged to the U.S. dollar and backed by U.S. Treasuries and cash equivalents

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BNB

600.16

+0.04%