Trump crypto company's USD1 stablecoins backing UFC event bonuses

Written by Turner Wrightstaff writerReviewed by Robert Lakinstaff editorWritten by Turner Wrightstaff writerReviewed by Robert Lakinstaff editorTrump crypto company's USD1 stablecoins backing UFC event bonusesLatest NewsPublishedJun 15, 2026A spokesperson for the Democratic National Committee decried the move as “an opportunity to use the power of the presidency to make [Trump] and his family even richer.”Some of the fighters in Sunday's Ultimate Fighting Championship (UFC) event on the White House lawn will be paid bonuses in stablecoins issued by the Trump family crypto company World Liberty Financial.On Monday, World Liberty confirmed that UFC would pay up to $250,000 in bonuses using USD1, the US dollar-pegged stablecoin issued by the company. UFC had previously made a similar announcement before the event. The price of USD1 jumped above $1 on June 12 and remained there, according to CoinMarketCap data at last look. Trading volume in the past 24 hours was up more than 93%, at $2.38 billion.World Liberty Financial's USD1 has traded below $1 for most of the past month. Source: CoinMarketCap.The “UFC Freedom 250” event, strongly criticized by many in Congress for its reported $60 million price tag, was held on the south lawn of the White House as part of events planned for the country’s semiquincentennial. Sponsors included World Liberty, prediction markets company Polymarket and cryptocurrency exchange Crypto.com, which said it would offer $1 million in bonuses for fighters with its Cronos (CRO) token.World Liberty, launched in 2024 by members of the Trump family and some others since linked to his administration, has been at the center of controversy around corruption claims targeting the president. In May 2025, a UAE company said it planned to use the USD1 stablecoin to settle a $2 billion investment in Binance. World Liberty also has an application pending with the US Office of the Comptroller of the Currency for a national trust charter.Related: Trump says …

Trump crypto company's USD1 stablecoins backing UFC event bonuses

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