You Won’t Believe Which Stablecoin MGX Used to Drop $2 Billion on Binance!

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In a twist that would have confounded even the sharpest civil servant in all of St. Petersburg, World Liberty Financial’s illustrious stablecoin, known humbly as USD1 (for what is humility, if not the mask of greatness?), has audaciously wormed its way into the grand spectacle of Abu Dhabi’s MGX flinging $2 billion at Binance. 🪙💨

It was at the esteemed Token2049 gathering, on the first of May—a date you’d think more suited for testing one’s new galoshes against the city mud—when Zach Witkoff, co-founder of World Liberty Financial and perhaps a distant cousin of the famed titular counselor, declared, with as much grandeur as a man announcing the arrival of spring floods, that USD1 would henceforth bear the august responsibility of ferrying MGX’s mountain of cash—pardon, stablecoins—into Binance’s coffers.

“We are overjoyed—so much so the samovar’s whistling!—to announce that USD1 is now the chosen vessel for MGX’s modest $2 billion injection into Binance. Our hearts (and ledgers) overflow with gratitude to MGX and Binance for trusting us with the transaction of the year—perhaps the century,” pronounced Witkoff, no doubt polishing his spectacles with pride, or was that spilled tea?

This maneuver, dear readers, now proudly holds the title of the largest investment ever shoved into a crypto company, and with a flourish, the largest heap of stablecoins ever exchanged for a digital handshake. If Gogol were here, he’d tip his hat, adjust his threadbare overcoat, and marvel—two billion dollars, and not a single paper ruble in sight. 🚀🤔

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2025-05-01 13:08