Eric Trump, son of US President Donald Trump, spoke at the Token2049 event in Dubai. Making important statements in this speech, Eric Trump first announced that World Liberty Financial's stablecoin USD1 would be used in MGX's $2 billion investment in Binance. Eric Trump also announced that USD1 will be integrated into the Tron (TRX) ecosystem, founded by Justin Sun. Will be used in Binance Investment! Eric Trump announced new partnerships and collaborations in his speech. At this point, Eric Trump announced that World Liberty Financial's dollar-based stablecoin USD1 was chosen as the official stablecoin for MGX's $2 billion investment in Binance. “USD1 will be one of the most transparent and regulated stablecoins in the world. It is backed by short-term treasury and cash equivalents. We don't just want to create a product that can be shipped seamlessly across borders, but we also want to ensure transparency and, frankly, consumer safety. Those are important things too, right? As you may recall, Abu Dhabi-based investment company MGX announced that it invested $2 billion in Binance. This was one of the first institutional investments made in the world's largest stock exchange. Tron (TRX) Integration! Eric Trump also announced that USD1 will be integrated into the Tron ecosystem, which is backed by billionaire Justin Sun. TRX founder Sun previously invested in World Liberty Financial (WLFI). Trump family-backed World Liberty Financial announced plans to launch a dollar-backed stablecoin with BitGo in March. World Liberty Financial stated that it aims to make USD1 one of the most transparent and regulated stablecoins backed by short-term treasuries and cash equivalents. *This is not investment advice. Continue Reading: Eric Trump Makes Two Big Announcements: Trump Family's Cryptocurrency Project Will Be Used in Binance Investment! – Will Integrate with a Surprise Altcoin!
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