Stablecoin USD1, issued by World Liberty Financial, has been chosen to handle a major Investment of $ 2 billion From MGX to Binance, according to reports. This feature marks a new chapter for the crypto change and draws new attention on the Stablecoin space.
The news broke at the Token2049 Crypto conference in Dubai, where World Liberty founder Zach Witkoff announced that USD1 was employed in the transaction.
MGX is an Abu Dhabi-Headquartered company, and the deal was originally announced by Binance in March 2025. It was the identity of the StableCecoin involved.
World Liberty confirms USD1 in MGX Deal
Witkoff treated the stage and stated that USD1 had formally been selected to enable the entire investment of $ 2 billion. He thanked Mgx and binanceTo say that this is just the beginning of what is coming.
The deal also represents Binan’s first institutional location, so it is a significant moment for the exchange and Stablecoin in question.
.@JustinstronThe @Ererictrump and @Zachwitkoff went together for a fire chat on #Tokeen2049 Dubai. 🎙
Did you get the news? ⬇@worldlibertyfiS #USD1 will soon be integrated on #Throne. ⛓ pic.twitter.com/w6ffv2qby1
– Through The Deint (@trondo) May 1 2025
USD1 secured by US government debt and equivalent cash that are short -term. World Liberty Financial, the company behind it, has kept openness at the forefront in the way StableCoin is structured.
Eric Trump, who happens to be the son of US President Donald Trump, has publicly approved the company’s mission. According to him, consumer security is among the greatest priorities.
Political support and big names back USD1
Trump’s commitment gives the political seriousness of the initiative, and his remarks indicate a long -term strategy for making USD1 viable for international transfers. USD1 will try to remain under legislative expectations, which can make it more attractive to institutions and companies.
Witkoff also sketched out what the future holds for Stablecoin. World Liberty aims to introduce USD1 to decentralized funding (Defi) and centralized financial systems.
The company also intends to introduce the token to retail payment systems so that individuals will be able to use it to make normal purchases.
USD1 spreads to other blockchains
Currently, USD1 is at Ethereum and Binance Smart Chain (BSC). However, the company intends to launch it on Tron Network next. It would expose it to faster and more affordable transactions, which is what faith is well known for.
Tron founder Justin Sun had already invested $ 75 million in World Liberty in January 2025. The investment fits only additional driving force for USD 1 to become available on the throne.
A growing role for stablecoins in large deals
This development illustrates that Stablecoins such as USD1 are starting to have a greater part in mass investment. Using a blockchain token to transfer $ 2 billion is not just about speed – it’s about showing the trust behind the technology.
When Binance opens to institutional investors and MGX who chooses a StableCoin as USD 1, cryptocinancing space is transformed. Whether USD 1 ever becomes the standard for future transactions remains to be seen, but this one has already made history.
Image from Protos, charts from TradingView
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