Foreign Capital Through USD1 — The record
Reporting and findings
- reported
MGX announced that it would use USD1 to settle a $2 billion investment in Binance.
- Kitco News: Trump's stablecoin chosen for $2 billion Abu Dhabi investment in BinanceTransaction structure and parties
- BitGo: USD1 TermsIssuer definition; reserve custody; user interest and return provisions
- documented
Trump and his family are publicly identified with World Liberty Financial, the USD1 brand owner and promoter; the cited sources do not establish a policy-for-payment exchange or Trump ownership of reserve yield.
- Associated Press: Senate advances crypto legislation amid Trump conflict concernsUSD1 transaction and conflict-response paragraphs
People and organizations
- America First Audit — Foreign Capital Through USD1audit case
- Donald J. Trumpcomparison subject
Relationships in this file
- Donald J. Trumplinked by cited action or authorityAmerica First Audit — Foreign Capital Through USD1
Money trail
investmentMgx Binance Usd1 Principal$2 billion transaction principal - Investor / source
- MGX
- Investment recipient
- Binance
Figures
Illustrative Usd1 Reserve Yieldillustrative $60 million-$100 million annual gross reserve yield Calculation details
- Basis
- central projection
- Population
- MGX; Binance; USD1 holders and users
- Period
- 2025-05-01 to 2026-05-01
- As of
- 2025-05-01
- Projection horizon
- 2026-05-01
- Method
- Multiply $2 billion by low, central and high annual yields of 3%, 4% and 5%; do not add scenarios.
- Uncertainty
- Assumes the full principal remains outstanding for one year and does not establish who owns the yield, reserve mix, fees, redemptions, expenses or net profit.