#HODLTradingStrategy Despite its legal troubles, Binance remains a giant. The proof? The sovereign fund MGX, based in Abu Dhabi, has just invested 2 billion USD in the platform through a new stablecoin named USD1.

This support shows the growing confidence of Gulf countries in cryptocurrencies and their willingness to actively participate in decentralized finance. Binance, often criticized, still seems to attract strategic investors.

This announcement could also positively influence the BTC/USDT market and other major pairs.