Eric Trump Confirms USD1 Stablecoin Will Settle MGX's $2B Investment in Binance.

A new stablecoin is set to play a key role in settling a $2 billion investment in Binance, confirming rumors that a Trump-linked crypto firm is making a major move into the world’s biggest exchange.

At the TOKEN2049 conference in Dubai, Eric Trump, advisor for World Liberty Financial (WLFI), confirmed that USD1 will be used to close MGX's investment in Binance. The move instantly places the stablecoin at the intersection of big money, blockchain, and political buzz.

Earlier this year, Abu Dhabi-based investment firm MGX committed $2 billion to buy a stake in Binance, making it one of the first major institutional investments in the world’s largest crypto exchange. Now, Trump has confirmed that USD1 will be used to close that exact deal.

"USD1 will become one of the most transparent and regulated stablecoin in the world. It is backed by short term treasury and cash equivalent, not only do we want to create a product in our stable point USD, one that can be sent across borders in a very seamless way, but transparency and frankly, consumer safety is paramount, right?" Trump said.

The stablecoin is also set to integrate with the TRON blockchain, with backing from Justin Sun.

"We are going to be announcing a partnership with TRON to bring USD1 into the TRON ecosystem, which will open up tremendous opportunities for both of our companies and for the broader blockchain community."

Speaking at the same event, co-founder Zach Witkoff hinted at what's next: deeper integrations across DeFi, CeFi, and even traditional retail systems.

"We have a lot on the way, so stay tuned," he said, pointing to ongoing efforts to make USD1 the preferred stablecoin across the board - whether that's in decentralized apps or at your local point of sale.

"We are focused on creating a stablecoin that can be used and enjoyed by everyone."

TOKEN2049 is where the crypto industry's biggest players go to set the tone for what's next. Announcements like these signal momentum.

With USD1 stepping into a $2 billion Binance deal and aligning with TRON's ecosystem, World Liberty Financial is putting down serious roots in both traditional finance and next-gen crypto infrastructure.

If this move gains traction, we could be looking at a new playbook for how stablecoins position themselves globally.