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Trump Family Stablecoin Used for MGX’s $2 Billion Binance Investment

  • The Trump family's stablecoin was used for a $2 billion investment into Binance by Abu Dhabi's MGX.
  • The investment occurred in March, with World Liberty Financial's USD1 stablecoin being chosen for the deal.
  • Although World Liberty's USD1 coin has not been listed on centralized exchanges, it has a market value of approximately $2.1 billion.
  • The Trump family has been expanding its presence in the digital assets space with various crypto-related ventures, amidst a push for more crypto-friendly policies in the U.S.

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