UFC to pay fighters in Trump family cryptocurrency
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Some fighters at a White House event this weekend will receive bonuses in a form of cryptocurrency issued by a Trump family business.
The Ultimate Fighting Championship (UFC) announced Friday that it will pay bonuses to fighters using “stablecoins” from World Liberty Financial, a company owned by the Trump family. The payments will be made at a heavily publicized mixed martial arts event on Sunday.
The development ties the Trump family’s financial interests to a high-profile UFC competition promoted on government property. The event is scheduled for June 14 on the south lawn of the White House, which is also Donald Trump’s birthday.