A crypto company associated with Donald Trump is reportedly using its stablecoins to back UFC event bonuses, sparking criticism from the Democratic National Committee.
A Trump-affiliated crypto firm is using stablecoins for UFC bonuses, sparking DNC criticism over potential self-enrichment.
Fighters at a recent UFC event held at the White House received their bonuses in USD1, a stablecoin associated with World Liberty Financial.
Cryptocurrency companies are poised to achieve significant brand visibility by sponsoring an upcoming UFC event hosted at the White House by Donald Trump.