Trump-Linked Firm Puts $50K UFC Bonuses in Digital Wallets

A Donald Trump-linked crypto firm is backing performance bonuses for an upcoming UFC event using USD1 stablecoins, drawing fire from Democrats before the first punch is thrown. World Liberty Financial sees this as a way to push digital currency into mainstream sports, where tens of millions of fans are already watching.

The company wants to show that USD1 works in real-world situations, outside of trading desks and DeFi protocols. The UFC event will be a live stress test for stablecoin adoption in the sports world.

USD1 holds its value at one dollar per token, which is the whole point of a stablecoin: no volatility. For fighters getting paid in crypto, that matters.