Trump Announces USD1 Stablecoin Integration with Binance and Tron

Eric Trump has announced a major partnership, integrating his USD1 stablecoin with the Binance and Tron ecosystems. The USD1 stablecoin will be fully backed by short-term U.S. treasuries and cash equivalents, according to Trump himself. This move marks a significant step for USD1 in the decentralized finance sphere. Notably, MGX, which recently invested in Binance, has been making waves in the crypto space. USD1’s integration with Tron expands its utility across blockchain platforms, building on Justin Sun’s previous investments in WLFI.