Abu Dhabi state-backed MGX settled its $2 billion Binance investment in USD1, the Trump-family-linked stablecoin
The May 1, 2025 announcement was made onstage by WLF co-founder Zach Witkoff alongside Eric Trump.
Abu Dhabi firm to use Trump-linked stablecoin for Binance investment
The Guardian · Secondary report
- Link
- https://www.theguardian.com/us-news/2025/may/02/abu-dhabi-firm-binance-trump-stablecoin
- Publication date
- 2025-05-02
- Accessed
- 2026-07-21
- Last verified
- 2026-07-21
- Type
- news_report