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World Liberty’s USD1 to Power $2B MGX Investment in Binance

  • World Liberty Financial's stablecoin, USD1, will be used as the settlement currency for a $2 billion investment by MGX into Binance.
  • The partnership signifies a significant milestone for USD1, rapidly reaching a $2.1 billion valuation despite not being listed on major centralized exchanges.
  • USD1's growth has been remarkable, surpassing $1 billion market cap within weeks, driven by partnerships and increasing circulation.
  • The stablecoin's expansion to the Tron network and potential listings on major exchanges could reshape the stablecoin hierarchy in the future.

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