CZ: MGX’s $2 billion investment in Binance has nothing to do with TRUMP tokens

Odaily News CZ, former CEO of Binance, posted on the X platform that he forwarded a video about Trump being asked a induced question in an interview, "A UAE company reached a $2 billion deal with TRUMP cryptocurrency," and said: "This is a typical example of FUD. The questions in the interview are wrong, vague and misleading. If this question refers to MGX's $2 billion investment in Binance, the transaction was completed using the USD1 stablecoin, which has nothing to do with the TRUMP token. TRUMP is just a Meme coin, but this is an investment transaction between an investor in Abu Dhabi and a private company. The transaction can be made in any currency, such as Bitcoin, UAE Dirham, US Dollar or USD1, depending on the choice of the payee. The recipient can convert the funds into any other currency after receiving the payment, and Binance provides the best liquidity in the world. FUD, 4. (By the way, there are finally more fiat currencies/stablecoins to buy on dips)."