Typical example of FUD: the question 👇 is wrong, vague and misleading.
If the question was referring to the MGX $2 billion investment in Binance, the transaction was done using the $USD1 stablecoin.
It had nothing to do with the $Trump digital coin, which is a memecoin.
This was an investment deal between an investor and a private company in Abu Dhabi. A transaction can be done in any currency, bitcoin, AED, USD, or USD1. This is mostly at the choice of the payer. The receiver can convert it to any other currency after receiving it. Binance offers the best liquidity in the world.
FUD, 4.
(Finally have more fiat/stable to buy the dips now, by the way.)
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