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Source: Cointelegraph

Trump-Linked Crypto Firm Backs UFC Event Bonuses with Stablecoins

A cryptocurrency company associated with Donald Trump is reportedly using USD1 stablecoins to fund bonuses for a UFC event. This initiative has drawn criticism from the Democratic National Committee (DNC), with a spokesperson alleging it presents an opportunity for Trump and his family to profit through presidential influence.

By Fainaron·Jun 16, 2026 (2 hours ago)·1 views
Trump-Linked Crypto Firm Backs UFC Event Bonuses with Stablecoins

A cryptocurrency company linked to Donald Trump has reportedly committed to backing bonuses for an Ultimate Fighting Championship (UFC) event. The funding for these bonuses is stated to be through the use of USD1 stablecoins.

The development has drawn commentary from the Democratic National Committee (DNC). A spokesperson for the DNC publicly stated that the move constitutes “an opportunity to use the power of the presidency to make [Trump] and his family even richer.”

(Source: Cointelegraph)

#donald trump#cryptocurrency#stablecoins#ufc#event bonuses#democratic national committee#politics
Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Cointelegraph. Read the original at Cointelegraph →

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