Trump-Backed USD1 Stablecoin Chosen to Back MGX’s $2 Billion Binance Stake Deal: Report
May 1, 2025 - 15:00

Eric Trump has reportedly announced that the USD1 stablecoin has been picked as the mode of payment for MGX’s purchase of a minority stake in Binance. The announcement was made at the ongoing Token2049 event in Dubai on Thursday, May 1.