USD1 stablecoin Binance investment Developed by Donald Trump’s World Liberty Financial (WLF), the stablecoin USD1 is central to a $2 billion investment in Binance, the biggest cryptocurrency exchange worldwide. According to WLF co-founder Zach Witkoff, this agreement is being finalised by MGX, an Abu Dhabi-based company.
USD1 Stablecoin Chosen for Binance Deal
At the TOKEN2049 conference in Dubai, Witkoff stated that the MGX-Binance transaction will use USD1 as the official stablecoin. Supported by US Treasuries and cash equivalents and pegged to the US dollar, USD1 has become rather popular and has a total issuing value of $2.1 billion. The main holders of the stablecoin are still unknown, even with its explosive increase. Between April 16 and April 29, 2025, a single anonymous wallet acquired USD2 billion worth, according to blockchain intelligence company Arkham.
USD1 to Integrate with Tron Blockchain
Additionally, Witkoff disclosed USD1’s integration with the Tron blockchain, developed by Justin Sun, a significant World Liberty investor and project advisor. Sun led the panel when the announcement was made and contributed at least $75 million.
Eric Trump joined them onstage, connecting the project even more to the Trump family brand. Critics challenge ethics and openness, but the Trump Organisation insists former President Donald Trump has no daily role with World Liberty or any crypto-related operations.
Crypto Optimism in Dubai Despite Market Headwinds
Drawing thousands of crypto experts and enthusiasts to Dubai, now a growing centre for worldwide cryptocurrency activity, TOKEN2049 has brought. Although markets first jumped after Trump’s pro-crypto posture and presidential triumph, the mood has cooled. Under pressure from global trade concerns and slower-than-expected US legislative reform, Bitcoin is now down 12% from its previous peak.
Still, the general picture stays bright. With a quarterly performance the best since mid-2022, venture capital investment in cryptocurrencies totalled $5.4 billion in Q1 2025. Conference attendees expressed conflicting views on Trump’s crypto impact: some hoping for regulatory clarity, others wary about the economic damage.
Dubai’s Crypto Ecosystem Expands Rapidly
Dubai continues to draw notable developments connected to cryptocurrencies. Currently under legal investigation in the United States, Binance is strengthening its links to the UAE through a multi-billion-dollar investment made by MGX. Concurrently, the Trump Organisation is exhibiting a developing synergy between real estate and digital assets by starting a new Dubai real estate project accepting Bitcoin payments.
Emirates NBD launched crypto trading on its Liv platform, and the DMCC free zone, home to over 600 blockchain startups, will include a crypto skyscraper by 2027. Dubai is a friendly place for crypto companies, even if the future of American and European markets is unknown.
Conclusion
Combining politics, innovation, and money, the USD1-backed MGX investment in Binance marks a fresh chapter of institutional involvement in cryptocurrencies. Dubai’s reputation as a crypto capital and the popularity of stablecoins like USD1 help to change the global digital asset scene quickly.
