Abu Dhabi Commits $2 Billion to Binance via Trump-Linked Stablecoin USD1

In a landmark move, Abu Dhabi’s state-backed investment firm, MGX, has announced a $2 billion investment in Binance, the world’s leading cryptocurrency exchange. What makes this deal even more notable is the use of $USDC , a stablecoin issued by World Liberty Financial, a company reportedly connected to the Trump family.

The announcement was made by Zach Witkoff during a major blockchain event in Dubai. The investment not only solidifies Binance’s standing as a global crypto powerhouse but also brings $USDC 1—operating on Binance’s native blockchain—into the spotlight.

The deal has stirred debate within the crypto community and beyond, as former U.S. President Donald Trump is considered a prominent figure behind World Liberty Financial, even being referred to as its “chief crypto advocate.” Critics and supporters alike are discussing the implications of political influence in decentralized finance.

This development underscores the increasing integration of stablecoins into global finance and highlights the deepening ties between traditional political figures and the digital asset ecosystem.

#StrategyTrade #TradeOfTheWeek #CryptoComeback #PectraUpgrade #BTCtrade