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MGX investment Flash News List | Blockchain.News
Flash News List

List of Flash News about MGX investment

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03:35
Binance Lists USD1 Token After $2 Billion MGX Investment: Trading Opportunities and Market Impact

According to Ai 姨 (@ai_9684xtpa), Binance has officially listed the USD1 token, following similar moves by HTX and MEXC. This decision comes as MGX's $2 billion investment will be settled using USD1, highlighting growing institutional adoption of the stablecoin. Traders should note that Binance's listing is expected to boost liquidity and trading volumes for USD1, potentially offering new arbitrage and hedging strategies across multiple exchanges. The integration of USD1 by major exchanges signals increasing competition in the stablecoin sector, which may impact overall crypto market volatility and capital flows. (Source: Ai 姨 on Twitter, May 22, 2025)

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2025-05-01
10:08
Eric Trump Announces $USD1 Stablecoin to Facilitate MGX's $2 Billion Binance Investment – Key Trading Insights

According to Crypto Rover, Eric Trump has revealed that World Liberty Financial’s stablecoin, $USD1, will be used as the settlement currency for MGX’s $2 billion investment in Binance (source: Crypto Rover, Twitter, May 1, 2025). This announcement signals direct institutional adoption of $USD1 on a major exchange, which could drive heightened liquidity and trading volumes for the stablecoin. Traders should closely monitor $USD1 price stability and its integration on Binance, as large-scale institutional transactions often impact market confidence and trading strategies in both stablecoins and associated tokens.

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