Trump Crypto Company to Back Fighter Bonuses in Stablecoins as Part of UFC Event
World Liberty Financial’s stablecoin was used for bonuses across seven UFC fights, highlighting a commercial push after a DeFi lending controversy.
10 Articles
10 Articles
UFC fighters at the White House got paid with Trump family stablecoins—but an ethics expert says a gap in the law allows this
The use of USD1 for UFC bonuses exposes how presidential exemptions from key ethics rules blur the line between public duty and private profit.
Trump Crypto Company to Back Fighter Bonuses in Stablecoins as Part of UFC Event
The UFC said it will pay its fighters bonuses using USD1, the US dollar-pegged stablecoin issued by the Trump family crypto company, as part of one of the White House’s semiquincentennial events.
UFC To Pay WH Cage Match Fighters In Trump Crypto
The Guardian reports: The 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 White Hou…
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