Trump-Linked Stablecoin Fuels $2B Binance Investment Deal

A landmark $2 billion investment in Binance has been facilitated by a stablecoin tied to Trump family ties, marking a significant intersection between traditional finance and the crypto world. World Liberty Financial’s USD1 stablecoin, backed by treasury reserves and cash equivalents, played a key role in this deal. This transaction signals substantial institutional interest in stablecoins, particularly Binance, as Eric Trump, son of former U.S. President Donald Trump, was instrumental in securing the investment.