Menu

Search

  |   Insights & Views

Menu

  |   Insights & Views

Search

USD1 Takes Center Stage: $2 Billion Binance Deal and Tron Integration Announced

At Token2049 in Dubai, Eric Trump announced significant breakthroughs for World Liberty Financial's stablecoin USD1, including its usability on the Tron blockchain. Such usability will leverage Tron's high-throughput and low-cost abilities to enhance USD1's cross-platform interoperability across different platforms like BNB Smart Chain and Ethereum. Tron's founder, Justin Sun, has invested $30 million in the DeFi project and will also be an advisor, further solidifying the partnership.

One of the notable highlights was the announcement that Abu Dhabi's MGX would be using USD1 for its $2 billion investment in Binance, an institutional milestone in crypto adoption [citation:1, 3, 4, 5, 6, 7, 8, 9, 10, 11]. It evidences the mounting legitimacy and embracement of USD1, having already reached well over $2 billion in market cap since launch in March of 2025. The investment will also provide MGX with an interest in Binance, one of the earliest institutional investments in the largest exchange on earth.

Overall, World Liberty Financial is placing USD1 as a clear and regulated stablecoin to bridge the gap between conventional finance and the crypto universe [citation:3, 4]. Funded by U.S. Treasuries and cash equivalents, the company will drive institutional and retail adoption [citation:3, 4]. Eric Trump emphasized the game-changing ability of crypto to redesign conventional financial structures, pointing toward the UAE regulatory framework as an example of scalability on a worldwide scale.

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.