$BTC

In an unprecedented step that reflects the rising global confidence in digital assets, MGX, a company specializing in artificial intelligence investments based in Abu Dhabi, announced a record investment of 2 billion dollars in Binance, the largest cryptocurrency exchange in the world, using the stablecoin USD1 from World Liberty Financial.

The announcement came during the Token2049 conference held on May 1st, where Zach Witkoff, co-founder of World Liberty Financial, confirmed that USD1 has been approved as the official payment instrument for this major deal.