MGX Invests $2 Billion in Binance Using Trump-Linked Stablecoin

A new investment by Abu Dhabi-based firm MGX has sent ripples through the crypto world: they’ve secured a $2 billion deal with Binance, using a stablecoin tied to U.S. President Donald Trump’s family for settlement. This deal was announced during Token2049 in Dubai and confirmed by MGX’s representatives during the event. The USD1-pegged stablecoin, launched by World Liberty Financial (WLFI) in March 2025, is linked to the Trump family through a connection with this investment firm. MGX’s entry into the crypto space is significant, as it marks their first foray into digital assets after years of focusing on data centers, clean energy and AI technology.