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The cryptocurrency project supported by the Trump family, World Liberty Financial (WLFI), will establish a $250k prize pool for the UFC Freedom 250 event held at the White House, and will distribute prizes to some winners using its issued USD1 stablecoin. WLFI has become one of the official sponsors of the event. The White House stated that assets related to Trump have been handed over to his children for management, and there is no conflict of interest. (TheBlock)