UFC to pay White House fighters in crypto issued by Trump company
Some fighters will receive bonuses in ‘stablecoins’ issued by Trump family business World Liberty Financial
The Ultimate Fighting Championship (UFC) announced on Friday that it will pay bonuses to fighters in a form of cryptocurrency issued by Trump family business World Liberty Financial at the heavily publicized White House mixed martial arts event on Sunday.
The development connects the Trump family’s financial interests to the high-profile UFC competition being promoted on government property. The competition on the south White House lawn is scheduled for 14 June, Donald Trump’s birthday.
The UFC said some fighters will receive bonuses in World Liberty Financial crypto called “stablecoins”, whose value is pegged to the US dollar. World Liberty named the currency “USD1”.
https://www.theguardian.com/us-news/2026/jun/14/white-house-ufc-fighters-cryptoOpen linkView original on lemmy.world
34 replies
So… they aren’t paying them at all. Just admit it. If you are being paid in any cryptocurrency… you are not being paid in a legal tender that 100% of the country accepts.
That's the point. Pay 'em in Krusty Bucks.
It's a perfect precursor to the level of grift they are trying to get to if they are not stopped:
https://www.unftr.com/blog/trump-is-looting-the-treasury
Legal loophole because they aren't supposed to make money on any of this. It's pegged stablecoins, they'll cash out to dollars, yuan, dinar, etc... Literally the next day.
But as long as it can be converted to legal tender, it still counts. Some folks get paid partially in stock, after all, and it works for them.
Yes, but stocks hold value as being a form of ownership in a company.
It's a stablecoin used by the POTUS to accept bribes. I don't see it collapsing while he's in office
Might as well be USD, since Trump would use the full might of the US government to ensure he can continue enriching himself
Amazing how they keep finding new layers of corruption to add. Like a rotten onion.
If they get the grift they are aiming for, the corruption will be endless:
https://www.unftr.com/blog/trump-is-looting-the-treasury
Corpos are really desperate to reintroduce scrip.
It says the crypto is being used for bonuses. That suggests they are also getting other pay, hopefully with actual money.
I hope they aren’t getting paid with our money. Maybe you don’t care how they are paid, but this is ridiculous.
Hopefully? I hope everyone involved in this down to the stage hands get robbed blind and lose everything. Fuck everyone involved.
Yes, I hope the fighters get paid with actual money they can use to pay any medical expenses that result from the fights.
I'm rolling my eyes so hard it hurts.
Ok, ok, ok, it hurts...but does it hurt as much as being repeatedly punched in the face then not being paid for it?
Good. That's exactly what they deserve.
Dana white looks like a scrotum holding its breath.
Okay.. And?
lol.
Is this the same crypto that you can’t cash out without Trump's permission?
That’s like worse than getting nothing.
If what you're saying is true, then getting paid in Monopoly money would literally be preferable.
We are already back to company scrip huh?
We sure are regressing and declining quickly, anyone have an altimeter for this bird? Would be awful if we crashed.
This is right out of The Boys
It’s closer to the opposite tbh. The Boys more often than not outright mimicked reality to make its commentary obvious as opposed to actually practicing good writing hygiene. It didn’t really have anything further or more unique to say than: “look, US politics and culture but… superhumans!!!”
USA, USA, USA, USA
This so fucking crazy, you can't invent it.
trump: here's your payment. [hands the UFC fighters a box of twinkies & ho ho's]
fighters: ...
Probably foreshadowing of the EPIC GRIFT that is yet to come if the DonOLD crime family get their way:
https://www.youtube.com/watch?v=MgADgDLmKTI
It gets better and better.
Do not pass Go.