TLDR Binance CEO Richard Teng denies Binance’s role in selecting the USD1 stablecoin for MGX investment deal. Teng confirms MGX, not Binance, decided to use USD1 stablecoin for the $2 billion investment deal. Lawmakers raised concerns about potential political influence after Trump pardoned former Binance CEO. The USD1 stablecoin, tied to the Trump family, is [.] The post Binance CEO Denies Role in Trump Family-Backed Stablecoin Deal appeared first on Blockonomi.