The Ultimate Fighting Championship (UFC) says it will pay fighter bonuses in cryptocurrency at a high-profile mixed martial arts event held on White House grounds. Multiple reports say the event, dubbed “UFC Freedom 250,” takes place on the White House South Lawn on Sunday, coinciding with President Donald Trump’s birthday. UFC announced that some fighters will receive bonus payments in “stablecoins” issued by World Liberty Financial, a crypto venture linked to the Trump family. The specific token is reported as USD1, described as a stablecoin tied to the USD. Coverage also notes that UFC branding for the stablecoin, including “USD1” on the event materials and in the Octagon, is part of the presentation at the government property venue. The reports frame the arrangement as linking Trump-associated financial interests to the televised UFC event promoted on federal grounds. The UFC and the crypto issuer are not reported to have disputed details in the accounts, and the reporting focuses on the use of the Trump-linked stablecoin for the bonus payouts.
UFC to pay White House fighters bonuses in Trump-linked USD1 stablecoin
The Ultimate Fighting Championship (UFC) says it will pay fighter bonuses in cryptocurrency at a high-profile mixed martial arts event held on White House grounds. Multiple reports say the event, dubb...
- UFC says it will pay some fighter bonuses in cryptocurrency at a White House event.
- The event is held on the White House South Lawn and is reported as occurring on Sunday, coinciding with Trump’s birthday.
- Bonuses are paid in USD1, a stablecoin issued by World Liberty Financial.
- World Liberty Financial is described in coverage as linked to the Trump family.
- Reports also describe USD1 branding tied to the stablecoin at the event.
UFC Freedom 250 paid fighter bonuses in USD1, the stablecoin issued by the Trump-linked crypto venture World Liberty Financial, at a contest held at the White House.
2 months agoThe deal puts USD1 branding inside the Octagon at an event held on the White House South Lawn, on President Trump's 80th birthday.
2 months agoSome fighters will receive bonuses in ‘stablecoins’ issued by Trump family business World Liberty FinancialThe Ultimate Fighting Championship (UFC) announced on Friday that it will pay bonuses to fighters in a form of cryptocurrency issued by Trump family business World Liberty Financial at the heavily publicized White House mixed martial arts event on Sunday.The development connects the Trump family’s financial interests to the high-profile UFC competition being promoted on government property. The competition on the south White House lawn is scheduled for 14 June, Donald Trump’s birthday. Continue reading...
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