Eric Trump, son of former President Donald Trump: WLFI Stablecoin USD1 will be used for MGX's investment in Binance

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BlockBeats News, May 1st, according to CoinDesk's report, Eric Trump, the son of former U.S. President Donald Trump, stated that World Liberty Financial's issuance of the US Dollar Stablecoin (USD1) has been officially selected as the official stablecoin to be used to complete MGX's $2 billion investment in Binance.

At the Token2049 event held in Dubai, Trump stated: "We appreciate the trust from MGX and Binance in us, and I believe this is just the beginning."

Earlier this year, Abu Dhabi-based investment firm MGX announced a $2 billion investment to purchase shares of Binance.

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