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Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move

Bitcoinist LogoBitcoinist1d ago

Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move - Bitcoinist

Quick Summary:

The stablecoin USD1, issued by World Liberty Financial, has been chosen to handle a major $2 billion investment from MGX into Binance, according to reports.

This move marks a new chapter for the crypto exchange and adds fresh attention to the stablecoin space.

Tron founder Justin Sun had already invested $75 million in World Liberty by January 2025.

More Pictures

Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move - Bitcoinist (Picture 1)Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move - Bitcoinist (Picture 2)Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move - Bitcoinist (Picture 3)

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 20:00:01 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 489 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28324855

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 9 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

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The story "Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move" has 489 words across 38 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move" was covered 1 days ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 9 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #28324855
  • URL: https://nieruchomosci.beamstart.com/news/trump-linked-stablecoin-usd1-fuels-17462167043998

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