Trump’s Stablecoin, Dubai Ambitions & the Global Payment Shake-Up
💥 What happened?
At TOKEN2049 Dubai, 🇦🇪 Eric Trump dropped a series of statements that weren’t just headlines — they were shots fired at the old financial system:
◽️ “SWIFT is slow, expensive, outdated.
Crypto simplifies everything — and makes banks unnecessary.”
◽️ “It’s laughable that banks operate 9 to 5 with a 90-minute lunch.
The old financial system is broken.”
◽️ “In the UAE, everyone says yes.
In Europe? It’s a lost cause. You can’t build there anymore.”

💰 USD1: Trump’s push into global settlement
- USD1 is a stablecoin issued by World Liberty Financial
- Backed by U.S. treasuries and cash equivalents
- Already chosen as the official settlement currency for a $2B investment (MGX → Binance)
- Being positioned as “one of the most transparent and regulated stablecoins in the world”
Not just a coin — a political message wrapped in capital.
🏦 JPMorgan’s countermove: Kinexys
While Eric Trump attacks TradFi, JPMorgan is deploying infrastructure:
- Kinexys (formerly Onyx) connects 8 of the largest MENA banks
- Offers 24/7 multi-currency clearing (USD, EUR, GBP)
- Aims to replace legacy banking rails — from within the system
Navin Mallela: “We’re reshaping the financial backbone of the region.”

⚖️ USD1 vs. Kinexys — Different weapons, same battlefield
| Feature | USD1 (Trump) | Kinexys (JPMorgan) |
|---|---|---|
| Type | Stablecoin (TRON + Ethereum) | Institutional blockchain |
| Backing | U.S. T-bills + cash | Interbank clearing |
| Region | MENA, Global | MENA, Europe |
| Audience | Crypto-native + Binance | Banks, corporates |
| Regulation | Private + transparent | Traditional + institutional |
📈 Why this matters for investors:
✅ The Middle East is now the frontline of financial innovation
✅ Stablecoins are entering real-world, billion-dollar settlements
✅ Traditional banks are reacting — not leading
The future of finance won’t be decided in Washington or Brussels —
It’s being built in Dubai, on-chain, 24/7.
📩 Want to position ahead of this shift?
I’ll help you:
✅ Build a portfolio that aligns with stablecoin adoption
✅ Get exposure to infrastructure that’s actually being used
✅ Invest where finance is going — not where it’s been
📥 DM me — and let’s build strategy while the rest watch headlines.






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