Abu Dhabi Investment in Binance Using Trump’s Stablecoin: An Abu Dhabi firm, MGX, plans to invest $2 billion in Binance using USD1, a stablecoin from Donald Trump’s World Liberty Financial. This has raised conflict-of-interest concerns due to Trump’s crypto ventures. USD1, issued on Binance’s BNB Chain, has a market cap of $2.1 billion, ranking seventh among stablecoins.
