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USD1 by World Liberty Financial now powers MGX's Binance plays!
Date: 2025-05-01 10:04:29 | By Edwin Tuttle
Breaking: World Liberty Financial's USD1 Stablecoin Powers Abu Dhabi's $2B Bet on Binance!
USD1 Takes Center Stage at Token2049
Holy smokes, folks! Abu Dhabi's AI investment powerhouse, MGX, just dropped a bombshell at Token2049 on May 1st. They're throwing a whopping $2 billion at Binance, and guess what? They're using World Liberty Financial's USD1 stablecoin to make it happen!
Zach Witkoff, the co-founder of World Liberty Financial, couldn't contain his excitement as he spilled the beans on stage. "We are excited to announce today that USD1 has been selected as the official stablecoin to close MGX's $2 billion investment in Binance. We thank MGX and Binance for their trust in us and I think it's only the beginning," he declared, practically vibrating with energy.
This isn't just any old investment, people. We're talking about the single largest investment ever made into a crypto company, and it's all being paid in stablecoins. That's right, USD1 is making history!
Stay tuned, because this story is just getting started!
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