The Stablecoin USD1, published by World Liberty Financial, was chosen to manage a major $ 2 billion in investment From MGX to Binance, according to reports. This movement marks a new chapter for the exchange of crypto and adds new attention to the space of the stable.
The news broke out during the Token2049 Crypto conference in Dubai, in which the co-founder of World Liberty, Zach Witkoff, announced that the USD1 was used in the transaction.
MGX is a company whose headquarters are Abu Dhabi, and the agreement was initially announced by Binance in March 2025. In this document, the identity of the stablecoin involved was not specified.
World Liberty confirms USD1 in the MGX agreement
Witkoff addressed the scene and said that USD had been officially selected to allow the entire investment of $ 2 billion. He thanked MGX and Binancedeclaring that this is only the beginning of what will happen.
The agreement also represents the first institutional investment of Binance, it is therefore an important moment for the exchange and the stablecoin in question.
.@Justinsuntron,, @Erictrump And @Zachwitkoff gathered for a cat by the fireside at # Token2049 Dubai. 🎙️
Have you caught the news? ⬇️@Worldlibertyfi's # USD1 will soon be integrated natively on #Tron. ⛓️ pic.twitter.com/w6ffv2qby1
– Dao tron (@trondao) May 1, 2025
USD1 is provided by American cash tickets and cash equivalents which are in the short term. World Liberty Financial, the company behind, has maintained the avant-garde transparency in the way Stablecoin is structured.
Eric Trump, who happens to be the son of American president Donald Trump, publicly approved the company's mission. Consumer safety, he said, is one of the biggest priorities.
Political support and big names USD1
Trump's involvement gives political severity to the initiative, and its remarks indicate a long -term strategy to make USD1 viable for sending international funds. USD1 will try to stay in regulatory expectations, which can make it more attractive for institutions and businesses.
Witkoff has also sketched what the future reserves for the scrap. World Liberty aims to introduce USD1 to decentralized (DEFI) and centralized financial systems.
The company also intends to present the token to retail payment systems so that individuals can use it to make normal purchases.
USD1 spreads to other blockchains
Currently, USD1 is on Ethereum and Binance Smart Chain (BSC). However, the company intends to launch it on the Tron network afterwards. This would expose it to faster and more affordable transactions, for which Tron is well known.
The founder of Tron, Justin Sun, had already invested $ 75 million in World Liberty by January 2025. The investment only feeds the will of the USD to be available on Tron.
A growing role for stablecoins in big business
This development illustrates that stablecoins such as the USD1 are starting to have a greater share in mass investments. The use of a blockchain token to transfer $ 2 billion is not just a question of speed – it is a question of demonstrating confidence behind technology.
With the opening of Binance to institutional investors and MGX opting for a stablecoin such as USD1, the cryptographic financing space is being transformed. It remains to be seen if the USD1 becomes the standard for future transactions, but it has already made the story.
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