MGX Cites ‘Compliance History’ In Picking Brand New Trump-Linked Stablecoin USD1 For $2 Billion Binance Deal
- Posted on October 2, 2025
- By Forbes
- 5 Views
MGX Cites ‘Compliance History’ In Picking Brand New Trump-Linked Stablecoin USD1 For $2 Billion Binance Deal
The Abu Dhabi fund told Forbes that Binance requested settling with a cryptocurrency and used a stablecoin for stability, ultimately selecting USD1, in part, because it was backed by U.S. government assets.
