Trump's second son Eric Trump: WLFI stablecoin USD1 will be used by MGX to complete investment in Binance
Eric Trump, the son of US President Donald Trump, stated that World Liberty Financial has been officially selected to issue the USD stablecoin (USD1) for the official stablecoin to complete MGX's $2 billion investment in Binance.
At the Token2049 event held in Dubai, Trump said: "We thank MGX and Binance for their trust in us, I think this is just the beginning."
Earlier this year, investment company MGX, based in Abu Dhabi, announced a $2 billion investment in purchasing shares of Binance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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