Odaily News Eric Trump, the second son of US President Donald Trump, said that the US dollar stablecoin (USD1) issued by World Liberty Financial has been officially selected as the official stablecoin for MGX's $2 billion investment in Binance. At the Token2049 event held in Dubai, Trump said: "We thank MGX and Binance for their trust in us, and I think this is just the beginning." Earlier this year, Abu Dhabi-based investment company MGX announced that it would invest $2 billion to buy shares in Binance. (CoinDesk)