Eric Trump Says World Liberty’s Stablecoin Will Be Used To Close A $2 Billion Deal — Dollar Token To Also Get Integrated With Justin Sun’s Tron Blockchain
Posted On May 2, 2025
Eric Trump, the executive vice president of The Trump Organization, said that the Trump family-backed stablecoin USD1 has been chosen to close Abu Dhabi investment firm MGX‘s $2 billion deal with cryptocurrency exchange Binance.
What happened: President Donald Trump’s second son made the announcement at the Token2049 cryptocurrency conference in Dubai, Coindesk reported Thursday.
The deal relates to the $2 billion investment by MGX into Binance, which gives it a minority stake in the world’s largest cryptocurrency trading platform. It was indicated earlier that the deal would be executed in stablecoins.
Eric Trump also announced that USD1 will be integrated with the Tron …
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