The StableCoin USD1, issued by World Liberty Financial, was selected to take over an important investment of 2 billion US dollars from MGX in Binance. This step marks a new chapter for the crypto exchange and adds new attention to the StableCoin room.
The news was dissolved at the TOKEN2049 crypto conference in Dubai, on which the co-founder of World Liberty, Zach Witkoff, was concerned that USD1 was employed in the transaction.
MGX is a company in Abu Dhabi headquarters, and the deal was initially announced by Binance in March 2025. In IT, the identity of the StableCoin involved was not given.
World Liberty confirms USD1 in the MGX deal
Witkoff spoke to the stage and explained that USD1 had been officially selected to enable the entire investment of 2 billion US dollars. He thanked MGX and Binance and explained that this was only the beginning of what will come.
The deal also represents Binance’s first institutional placement, so it is an important moment for the exchange and the stable coin in question.
.@JustinsuntronPresent @Erictrump And @Zachwitkoff Set up for a Fireside chat at #Token2049 Dubai. 🎙️
Did you get the news? ⬇️@worldlibertyfi‘S #USD1 will soon be integrated native #Tron. ⛓️ pic.twitter.com/w6ffv2qby1
– Tron dao (@trondao) May 1, 2025
USD1 is secured by short-term US financial statements and cash equivalents. World Liberty Financial, the company behind it, has kept transparency in the foreground in the way the stable coin 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, the security of consumers is one of the greatest priorities.
Political support and big names back USD1
Trump’s participation gives the initiative the political severity, and his comments indicate a long -term strategy of making USD1 viable for international transfers. USD1 will try to remain under regulatory expectations, which can make it more attractive for institutions and companies.
Witkoff also outlined what the future is doing for the stable coin. World Liberty aims to introduce USD1 into decentralized funds (Defi) and centralized financial systems.
The company also intends to introduce the token into the retail payment systems so that individuals can use it to make normal purchases.
USD1 spread to other blockchains
There is currently USD1 in Ethereum and Binance Smart Chain (BSC). However, the company intends to start the TRON network next. This would suspend it faster and more affordable transactions for which Tron is known.
The founder of Tron, Justin Sun, had already invested 75 million US dollars in World Liberty by January 2025. The investment only continues to drive the drive for USD1 to be available on Tron.
A growing role for stable coins in large offers
This development shows that stable coins like USD1 begin to participate in a larger proportion of mass investments. The use of a blockchain token for the transfer of 2 billion US dollars is not just about speed -it is about demonstrating the trust behind the technology.
Since Binance opens up to institutional investors and MGX that opt for a stablecoin like USD1, the crypto finance room is changed. It remains to be seen whether USD1 will ever become the standard for future transactions, but this has already written history.
Selected image of Protos, Diagram by Tradingview
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