Grand Theft America / Receipt money-2025-05-01-030
A $2B Abu Dhabi deal is settled in the family's stablecoin
MGX, an Abu Dhabi fund, used World Liberty's USD1 stablecoin to settle a $2B investment in Binance, routing a $2B transaction through a Trump-family crypto product.
Verified through 2026-07-08Source: Bloomberg / MarketScreenerCorrections: none logged
What happened
Float and fees on the stablecoin accrue to the venture. Logged as context: the $2B is transaction volume, not personal income, so it is not counted in the take.
Why it matters
Abu Dhabi's MGX used the Trump-affiliated USD1 stablecoin to settle a $2B investment into Binance, so float and fees on the transaction accrue to the family's World Liberty venture (logged, not counted, to avoid double-counting). Routing a sovereign-linked deal through a stablecoin that enriches the president raises a foreign-entanglement conflict.
Receipt details
- Sell the office
- Venture inflow
- $2000M
