Eric Trump Announces USD1 Stablecoin Will Close $2B Binance Deal, Integrates with Tron
Speaking at the Token2049 crypto conference, Eric Trump, executive VP of The Trump Organization, unveiled that USD1, the stablecoin launched by World Liberty Financial, will be used to complete MGX’s $2 billion investment in Binance.
Deal Breakdown:
- Investor: MGX, Abu Dhabi-based investment giant
- Recipient: Binance, world’s largest crypto exchange
- Value: $2 billion (minority stake)
- Currency: USD1 stablecoin
“USD1 will become one of the most transparent and regulated stablecoins in the world,” said Eric Trump during his remarks.
This move positions USD1 as a serious player in the regulated stablecoin space, especially as institutional demand for crypto-native settlement assets grows.
Tron Integration: USD1 Meets High-Speed DeFi Infrastructure
In a dual announcement, Eric Trump confirmed that USD1 will be integrated with the Tron blockchain — one of the most active DeFi ecosystems globally, particularly in stablecoin transfers.
Why Tron?
- Low-cost, high-speed transactions
- Home to USDT’s most active circulation
- Wide DeFi and exchange integrations
- Justin Sun, founder of Tron, is also an investor and advisor at World Liberty Financial
“USD1’s integration with Tron opens it to a massive DeFi user base overnight,” said a Tron Foundation developer present at the event.
About USD1 and World Liberty Financial
USD1 is a U.S. dollar-pegged stablecoin developed by World Liberty Financial, a decentralized finance initiative with backing from U.S. political and business elites, including the Trump family.
Key Goals:
- Create a fully transparent, regulated dollar-backed stablecoin
- Bridge the gap between traditional finance (CeFi) and decentralized finance (DeFi)
- Provide a trusted alternative to USDT and USDC in politically conservative and regulatory-sensitive regions
Co-founder Zach Witkoff emphasized that World Liberty’s mission is to make USD1 the default stablecoin in global financial systems — centralized and decentralized alike.
Market Impact: Stablecoin Wars Are Heating Up
With USD1 joining the mix, the battle between stablecoins is more intense than ever.
Stablecoin | Market Cap | Chain Dominance | Backers |
---|---|---|---|
USDT (Tether) | $110B+ | Tron, Ethereum | Tether Holdings |
USDC | $32B+ | Ethereum, Solana | Circle, Coinbase |
DAI | $5.3B | Ethereum, Layer-2s | MakerDAO |
USD1 | TBA | Tron (initial) | Trump family, MGX, Sun |
This announcement pushes USD1 directly into the conversation — and could drive its adoption if the Binance-MGX deal becomes a reference point for future institutional use.
Justin Sun’s Quiet Influence Behind the Scenes
The Tron founder has long been a stablecoin evangelist, helping build Tron’s status as the go-to network for Tether. Now, he’s betting big on USD1.
His advisory role with World Liberty Financial provides:
- Blockchain infrastructure
- DeFi integration support
- Access to key partnerships across Asia and the Middle East
It also gives the USD1 project a massive on-chain liquidity advantage.
“With Tron’s throughput and global reach, USD1 could scale faster than most people think,” said a researcher from Delphi Digital.
Why This Matters for the Crypto Industry
If USD1 is successfully used in a $2 billion deal, it will:
- Validate stablecoins as legitimate vehicles for institutional capital
- Accelerate mainstream acceptance of politically-aligned crypto projects
- Set a precedent for stablecoin-facilitated mergers, investments, and acquisitions
Final Thoughts: USD1 Is No Longer Just Political Theater — It’s a Real Contender
What was once dismissed as a political gimmick now has:
- Global capital backing
- Blockchain integration
- Institutional use cases
The $2 billion Binance deal could make USD1 a household name in crypto — and Tron the chosen battleground for stablecoin supremacy.
Will this catapult USD1 to rival Tether and USDC? The next few months could reveal a lot.