1-5-2025 – TRON founder Justin Sun unveiled a groundbreaking partnership with World Liberty Financial (WLF), a venture backed by former US President Donald Trump’s associates. The collaboration centres on integrating WLF’s USD1 stablecoin into the TRON blockchain ecosystem.
The announcement gained additional weight as Eric Trump and WLF co-founder Zach Witkoff joined Sun on stage. The USD1 stablecoin, underpinned by a robust portfolio of US government treasuries, dollar deposits, and cash equivalents, is poised for substantial market penetration.
In a remarkable turn of events, the USD1 stablecoin has been chosen to facilitate what stands as the largest crypto-based investment to date. Abu Dhabi’s MGX, an artificial intelligence and advanced technology investment firm, has employed USD1 to channel $2 billion into Binance, marking their inaugural venture into the blockchain sphere.
The partnership’s scope extends beyond mere integration, as Sun himself has established deep ties with WLF. Having joined as an advisor in November 2024, Sun invested $30 million in the project, emerging as its principal investor. His involvement extends to holding a significant position in the Solana-based Official Trump meme token.
Witkoff expressed ambitious projections for the stablecoin’s adoption, anticipating initial minting volumes in the hundreds of millions, with expectations of rapid expansion into the multi-billion territory. The collaboration aims to democratise access to digital financial services for a global audience of seven billion people.
MGX’s strategic investment in Binance represents a watershed moment for institutional cryptocurrency adoption, potentially catalysing broader blockchain integration across traditional financial sectors.
