
Eric Trump confirms USD1 stablecoin will settle MGXโs $2B investment in Binance.
USD1 to integrate with TRON, aiming for dominance across DeFi and CeFi.
TOKEN2049 sets the stage as WLFI makes a bold move into mainstream crypto finance.
Letโs talk about what just dropped at TOKEN2049 Dubai.
Eric Trump stood on stage and made it official: USD1, a new dollar-backed stablecoin from World Liberty Financial (WLFI), will be used to close MGXโs massive $2 billion investment in Binance.
Yes, the worldโs biggest exchange is now part of a high-stakes crypto deal tied to the Trump name – and it doesnโt stop there.
Trump also confirmed that USD1 is gearing up to integrate with the TRON blockchain, with backing from none other than Justin Sun. The move instantly places USD1 at the intersection of big money, blockchain, and political buzz.
TRON, Trump, and a $2B Bet: What to Know
Speaking to a packed room at TOKEN2049, Trump highlighted USD1โs backing: short-term U.S. treasuries and cash equivalents. He emphasized transparency and consumer safety as the stablecoinโs core principles – pointing to a future where compliant, cross-border stablecoins could become the norm.
Earlier this year, Abu Dhabi-based investment firm MGX committed $2 billion to buy a stake in Binance, making it one of the first major institutional investments in the worldโs largest crypto exchange. Now, Eric Trump has confirmed that USD1 will be used to close that exact deal.
โUSD1 will become one of the most transparent and regulated stablecoin in the world. It is backed by short term treasury and cash equivalent, not only do we want to create a product in our stable point USD, one that can be sent across borders in a very seamless way, but transparency and frankly, consumer safety is paramount, right?โ Trump added.
DeFi, CeFi – and Even Retail? WLFI Has Bigger Plans
Speaking at the same event, co-founder Zach Witkoff hinted at whatโs next: deeper integrations across DeFi, CeFi, and even traditional retail systems.
โWe have a lot on the way, so stay tunedโ he said, pointing to ongoing efforts to make USD1 the preferred stablecoin across the board – whether thatโs in decentralized apps or at your local point of sale.
Why This Update – and TOKEN2049 – Matters
TOKEN2049 is where the crypto industry’s biggest players go to set the tone for whatโs next. Announcements like these signal momentum.
With USD1 stepping into a $2 billion Binance deal and aligning with TRONโs ecosystem, World Liberty Financial is putting down serious roots in both traditional finance and next-gen crypto infrastructure.
If this move gains traction, we could be looking at a new playbook for how stablecoins position themselves globally.
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In other words, itโs looking bullish for digital assets and we couldnโt be more excited.