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Trump's stablecoin chosen for $2 billion Abu Dhabi investment in Binance

This authoritative-secondary source from Kitco News supports 1 claim across 1 ledger entry.

Publisher
Kitco News
Published
2025-05-01
Accessed
2026-09-03
Source quality
authoritative-secondary

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Claims supported by this source

  1. factreported

    A co-founder of the Trump-family crypto venture World Liberty Financial announced that Abu Dhabi-backed MGX would use $2 billion in its USD1 stablecoins to close an investment in Binance.

    May 1, 2025 announcement of USD1 settlement mechanism

    Abu Dhabi-backed MGX chose Trump's USD1 for a $2 billion Binance deal · Transaction mechanism announced · reviewed 2026-09-03