World Liberty Financial’s USD1 to integrate with Tron network

The official stable of World Liberty Financial, USD1, will be integrated into the Tron network when it is preparing for millions of dollars of tokens at the start of the partnership.

On the Token2049 stage on May 1, Tron (Trx) founder Justin Sun announced that the network will collaborate with Asset-rear cryptographic venture World Liberty Financial by integrating his stable USD1 In the blockchain.

“I am really honored, we can collaborate with USD1 on the launch of this stablecoin to make this available to 7 billion people on earth,” said Sun during his session by the fireside with Eric Trump and the co -founder of World Liberty Financial Zach Witkoff.

Witkoff has revealed that the project scourge, which is set for the US dollar and supported by short -term US good government vouchers, deposits in the US dollar and other cash equivalents, will be natively integrated into the Tron network.

“We are very enthusiastic about it. We should say, you know, in the hundreds of millions of dollars to start, and I expect it to reach a market capitalization very soon,” said Witkoff.

Sun officially seal World Liberty Financial as an advisor in November 2024. He also invested around $ 30 million in the decentralized financial project supported by Donald Trump, becoming his greatest investor.

Not only that, the sun is also the current upper support of the official Trump (ASSET) Same corner based on the ranking made before the exclusive dinner for the 220 token holders based in Solana.

Investment of 2 billion USD of MGX in Binance

More recently, Witkoff has announced that the stablecoin USD1 had been selected as the official cryptocurrency used to facilitate Abu Dhabi Investment of $ 2 billion in supported investment vehicle in Binance.

“We thank MGX and Binance for their confidence in us and I think that is only the start,” said Witkoff at the conference.

The investment of $ 2 billion marks the largest investment never paid in crypto, facilitated by WLF stable. It is also the largest investment ever transformed into a cryptographic company.

MGX’s investment represents the IA And the first foray of the investment company in advanced technology in the cryptocurrency and blockchain industry, guaranteeing a minority participation in Binance as part of a wider strategy to support the transformative impact of blockchain on society.

By associating with Binance, MGX aims to advance the transformer potential of blockchain into digital finance as well as to accelerate the institutional adoption of cryptocurrency, as before reported by crypto.News.