CZ: MGX’s $2 billion investment in Binance has nothing to do with TRUMP tokens

Planet News: Binance's former CEO CZ posted on X platform, reposting a video about an interview with a leading question "A UAE company reached a $2 billion transaction with TRUMP cryptocurrency" and stated: "This is a typical FUD example, with interview questions being incorrect, vague, and misleading. If this question refers to MGX's $2 billion investment in Binance, this transaction was completed using USD1 stablecoin, which is completely unrelated to TRUMP token. TRUMP is just a meme coin, but this is an investment transaction between investors in Abu Dhabi and a private company. The transaction can be conducted using any currency, such as Bitcoin, UAE Dirham, USD, or USD1, mainly depending on the payer's choice. The receiving party can convert funds to any other currency after receiving payment, with Binance providing the best global liquidity. FUD, 4. (By the way, finally more fiat/stablecoins can be bought at a low price)."