Binance Lands $2 Billion From MGX, Deal Done Entirely in USD1 Stablecoin

Abu Dhabi-based tech investment firm MGX has finalized a $2 billion investment in Binance using USD1, a dollar-backed stablecoin developed by World Liberty Financial. The deal, announced during the TOKEN2049 conference in Dubai, marks the largest institutional investment done entirely using stablecoins. The announcement of this major investment was made at the Token2049 conference in […] The post Binance Lands $2 Billion From MGX, Deal Done Entirely in USD1 Stablecoin appeared first on Coin Edition.