Crypto News Today : Bitcoin Price USD, Morgan Stanley Crypto, Ethereum Price, Dow Jones Today

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May 1, 2025 12:07:25 UTC

Eric Trump Confirms USD1 Stablecoin Chosen for MGX’s $2B Binance Investment

At Token2049 in Dubai, Eric Trump revealed that the Trump family’s stablecoin, World Liberty Financial USD (USD1), has been selected as the official stablecoin for MGX’s $2 billion investment in Binance. The announcement follows MGX’s earlier disclosure of plans to acquire a significant stake in the crypto exchange.