CoinWorld News reports that World Liberty Financial announced it will provide a $250,000 bonus for UFC Freedom 250 through its USD1 stablecoin. The project’s USD-pegged token circulating supply has reached approximately $4.4 billion, facing regulatory and political scrutiny. UFC President and CEO Dana White announced this at a press conference at the Lincoln Memorial. World Liberty Financial will also contribute an additional $250,000 to the event’s prize pool via USD1. The event is scheduled to be held on June 14 on the South Lawn of the White House to celebrate the 250th anniversary of the founding of the United States.

WLFI2.69%
USD1-0.01%
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GateUser-03ce08c7
· 2h ago
Still daring to do something so big under political censorship, either with a strong backing or with boldness.
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Lightning-FastComposure
· 3h ago
A $250k bonus is a drop in the bucket compared to USD 1; it's just marketing costs.
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GateUser-0aa20a11
· 3h ago
Dana White announces crypto sponsorship at the Lincoln Memorial, blending history with a full-on mashup vibe
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GasUnderTheMoonlight
· 3h ago
USD 1.44 billion in circulation still dares to be so high-profile; regulators will come knocking sooner or later.
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Can'tSleepWithoutSigningThe
· 3h ago
UFC on the South Lawn of the White House, this scene is too surreal
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