Donald Trump’s family controlled World Liberty Financial, launched its own stablecoin USD1, which was used by Abu Dhabi firm MGX to invest in the crypto exchange Binance

Quotes that support claims

Trump also has a separate crypto venture called World Liberty Financial that lets users borrow, lend, and invest

World Liberty Financial has raised about $550 million in token sales, and also issued its own stablecoin, USD1.

The Trump family owns 60% of the equity share of World Liberty through their company DT Marks DeFi LLC.

One of his children, Eric Trump, announced just last week that Abu Dhabi investment firm MGX would use World Liberty Financial's USD1 stablecoin to close its investment in crypto exchange Binance.

World Liberty Financial, another entity affiliated with the U.S. President and his family, issued the USD1 stablecoin used to close a $2 billion investment deal between Abu Dhabi’s MGX and Binance