The landscape of digital finance in the Gulf region is undergoing a strategic transformation as USD1, a regulated stablecoin, has been officially selected as the transactional currency for the MGX investment fund based in Abu Dhabi. This decision, revealed by Zak Wittkoff, co-founder of World Liberty, underscores the growing institutional embrace of digital assets and stablecoins for cross-border investments — particularly those involving major players like Binance.