Tag: MGX

Coinbase Adds Trump-Linked Stablecoin USD1 to Listing Roadmap

By Marco Piccolo Key highlights: Coinbase has added USD1, a stablecoin by World Liberty Financial, to its listing roadmap. USD1 is tied to Donald Trump’s family, with active promotion from Eric Trump and Donald Trump Jr.. The stablecoin’s total supply has reached $2.4 billion following a recent $205 million mint. Coinbase announced Thursday that it […]

Abu Dhabi’s MGX Invests $2 Billion in Binance: The Largest Stablecoin-Backed Institutional Investment in Crypto History

By Aaron Watts In a landmark move that signals a significant shift in institutional confidence toward cryptocurrency infrastructure, Abu Dhabi’s sovereign wealth fund MGX has invested $2 billion in Binance, the world’s largest cryptocurrency exchange by trading volume. This investment, entirely backed by stablecoins, represents the largest institutional investment of its kind in the crypto […]