Trust Wallet’s new Stablecoin Earn feature aims to transform idle digital dollars into active opportunities, without compromising self-custody or simplicity.

Activating dormant capital: A discourse with Trust Wallet’s Eowyn Chen

World Liberty Financial&#8217;s stablecoin, USD1, has been used to facilitate Abu 
Dhabi&#8217;s AI investment firm MGX&#8217;s landmark $2 billion investment into Binance. 
At Token2049 on May 1, World Liberty Financial co-founder Zach Witkoff 
confirmed that the project&#8217;s USD-pegged stablecoin, USD1,…

World Liberty Financial’s USD1 selected as official stablecoin for MGX’s Binance investment

Abu Dhabi-based investment firm MGX will be tapping a US President Donald 
Trump-related stablecoin to settle its $2 billion investment into Binance, the 
world&#8217;s largest cryptocurrency exchange.
The World Liberty Financial USD (USD1) US dollar-pegged stablecoin was 
launched by the Trump-linked World Liberty Financial (WLFI) crypto platform in 
March 2025.
MGX will use the USD1 stablecoin for its $2 billion investment into Binance 
exchange, announced Eric Trump, the son of the US president and the executive 
vice president of the Trump Organization, during a panel discussion at Token 
2049 Dubai.
_Source:__Cointelegraph_
MGX announced its $2 billion stablecoin investment into Binance on March 12, 
marking the first institutional investment in the exchange and potentially the 
biggest funding deal in the entire Web3 industry.
At the time, Binance declined Cointelegraph&#8217;s request to disclose what 
stablecoin was used in the transaction. 
This marks the Abu Dhabi-based investment firm&#8217;s first venture into the 
cryptocurrency space.
_**Related:**__**Trump turned crypto from &#8216;oppressed industry&#8217; to 
&#8216;centerpiece&#8217; of US strategy**_

Eric Trump: USD1 will be used for $2B MGX investment in Binance

Data shows the Bitcoin Fear &amp; Greed Index is close to the neutral territory again, a sign that market sentiment has seen a cooldown. Bitcoin Fear &amp; Greed Index Is Now Close To Edge Of Greed Territory The &#8220;Fear &amp; Greed Index&#8221; is an indicator created by Alternative that tells us about the sentiment held by the average trader in the Bitcoin and wider cryptocurrency markets. Related Reading: Old Bitcoin Whales Resurface With $760M Move—Brace For Impact? The index determines the market mentality using the data of five factors: trading volume, market cap dominance, social media sentiment, volatility, and Google Trends. To determine this sentiment, the metric makes use of a numeric scale running from zero to hundred. All values below the 47 mark correspond to a fearful market, while those above 53 imply greed among the investors. The index being between these cutoffs naturally suggests a net neutral mentality. Besides these three main sentiments, there are also two special ones called the extreme fear and extreme greed. The former occurs under 25 and the latter above 75. Now, here is how the Bitcoin Fear &amp; Greed Index currently looks: As is visible above, the Bitcoin Fear &amp; Greed Index has a value of 56 at the moment, which means the investors as a whole share a sentiment of greed. The level of greed is only slight, however, as the metric is just three units above the neutral zone. This wasn&#8217;t the case just a week ago, when the indicator hit the 72 mark, signifying the crowd was very close to becoming extremely greedy. The uplift in sentiment earlier was a result of the asset&#8217;s recovery rally, but with the price surge stalling recently, it seems the investor optimism has waned. Below is a chart that shows how the indicator&#8217;s value has developed recently. The trend in the BTC Fear &amp; Greed Index over the past twelve months | Source: Alternative If Bitcoin&#8217;s sideways action continues in the coming days, it&#8217;s possible that sentiment would decline into the neutral zone next. This development may not actually be so bad for the cryptocurrency. Historically, BTC and other digital assets have tended to move in a direction that&#8217;s opposite to the crowd&#8217;s expectations. The probability of such a contrary move occurring usually grows the more sure the investors become of something. This likelihood is naturally the strongest in the extreme zones, so these regions are where tops and bottoms generally occur for the market. Related Reading: Is Bitcoin Demand Returning? Active Address Trend May Suggest So While BTC is in neither extreme territory right now, the fact that investor sentiment has calmed down to nearly the neutral zone may at least make sure that greed wouldn&#8217;t become the end of the price rally. It only remains to be seen how things play out for Bitcoin now. BTC Price At the time of writing, Bitcoin is floating around $93,800, down over 1% in the last 24 hours. Featured image from Dall-E, Alternative.me, chart from TradingView.com

Bitcoin Sentiment Nearly Back To Neutral—Green Sign For Rally?

Crypto exchange MEXC has announced a $300 million ecosystem development fund 
aimed at supporting Web3 projects over the next five years.
The initiative, unveiled at Token2049 in Dubai, is designed to support early- 
stage blockchain technologies, public chains, wallets, and decentralized tools 
critical to shaping the future of crypto infrastructure, according to a press 
release shared with Cointelegraph.
Selection criteria for projects looking to participate in the initiative will 
be announced soon.
&#8220;We are committed to strategic investment, focusing not just on exciting ideas 
and talented developers, but on initiatives with clear long-term potential,&#8221; 
MEXC chief operating officer Tracy Jin said.
She added that the priority is to back projects capable of achieving AAA 
status within three to five years.
_**Related:**__**Binance rolls out Fund Accounts for asset managers, bridging 
crypto-TradFi gap**_
## MEXC fund to invest $60 million annually
Jin explained that the exchange aims to invest approximately $50 to $60 
million annually, depending on the availability of suitable projects and 
partners and the company&#8217;s strategic focus at the time.
&gt; &#8220;We may accelerate the investment pace if a project aligns well with our 
&gt; current business priorities. Otherwise, we will proceed steadily according 
&gt; to the original plan.&#8221;
She added that MEXC is actively exploring early-stage projects focused on 
blockchain networks, decentralized finance (DeFi) infrastructure, and 
stablecoins. She said these areas are essential for advancing crypto adoption.
During a fireside chat at the Token2049 conference in Dubai on April 30, Jin 
emphasized that stablecoins are a key priority for MEXC due to their essential 
role in enabling stable pricing and trade across crypto markets.
In February 2025, MEXC invested $20 million in USDe, a DeFi-native synthetic 
dollar from Ethena Labs, alongside a $16 million direct investment in Ethena 
itself.
_**Related:**__**Binance, KuCoin, MEXC report service issues due to AWS 
network interruption**_
## Projects need to prove their worth
The exchange also clarified that its $300 million fund will not operate 
through open applications but will instead adopt a selective, invitation-only 
approach.
According to the company, the traditional &#8220;submit a form and get funded&#8221; model 
no longer works in 2025. &#8220;A project that can&#8217;t make itself known or find a way 
to present to MEXC&#8217;s investment team is unlikely to earn our attention,&#8221; Jin 
said.
MEXC is one of the largest crypto exchanges in terms of trading volume. Over 
the past 24 hours, it has ranked as the 7th largest cryptocurrency exchange by 
spot trading volume, processing over $3.2 billion in trades, according to data 
from CoinMarketCap.
_Source: CoinMarketCap_
 _**Magazine: **__**TV hit Peaky Blinders to launch crypto game, FIFA Rivals 
on Polkadot: Web3 Gamer**_

MEXC launches $300M Web3 fund, commits to ‘strategic investment’

VIRTUAL rallied as much as 38% today following renewed investor interest after 
the Virtuals’ team rolled out a big Genesis update aimed at boosting 
transparency across the ecosystem. According to data from crypto.news, 
Virtuals Protocol (VIRTUAL) surged to an intraday…