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MGX To Use Trump-Linked Stablecoin for $2B Investment in Binance
Abu Dhabi-based investment firm MGX will use a Trump-affiliated stablecoin, 
$USD1, to settle a $2 billion investment in Binance, Eric Trump confirmed during #Token2049 in Dubai.
$USD1 was launched by World Liberty Financial, a crypto platform linked to the #Trump family, in March 2025.
The investment marks MGX’s first entry into crypto and Binance’s largest institutional deal to date.
Eric Trump criticized the inefficiencies of the traditional banking system, calling it “a joke,” and highlighted crypto’s speed and cost advantages over SWIFT.
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