Abu Dhabi-based investor, MGX, has invested a record-breaking $2 billion in Binance, making it the first institutional investment for the cryptocurrency exchange. The entire deal is happening in stablecoins and Binance's CEO, CZ, has hinted at using the funds to buy more cryptocurrencies. CZ's remarks about "more stables to buy alts soon" have sparked speculation about an upcoming altcoin season. Binance, with its large user base and high trading volume, is at a pivotal point, and CZ's hints have created anticipation for what's next for the platform.



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