The crypto world never ceases to amaze us. This week, Binance closed a $2 billion institutional investment with the firm MGX using a new stablecoin: USD1, issued by a company linked to none other than Eric Trump.
Beyond the political impact, this leaves us with a key lesson as traders:
Always observe where institutional money is flowing.
Why does this matter to us?
USD1 is coming in strong: Backed by bonds and cash, and has already been used in this giant investment.
Real diversification: Not everything is USDT or USDC. New opportunities are appearing in trading pairs.
Liquidity is going to grow: This could mean sharp movements in the short term... and that's gold for those who trade with attention.
What do you think?
Would you use a new stablecoin like USD1 for trading?
Or do you prefer the safe option with USDT?
I'll read you in the comments!
