this post was submitted on 14 Jun 2026
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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”.

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[–] hopesdead@startrek.website 122 points 4 days ago (4 children)

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.

[–] CharlesDarwin@lemmy.world 39 points 4 days ago* (last edited 4 days ago)

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

Donald Trump has laid the groundwork to become one of the wealthiest people on the planet by personally making money from every dollar printed in the United States. And the worse the economy gets, the more money he stands to make. The House has already passed three crypto bills that would make this potential a reality by allowing the Trump family to control the global stablecoin market. Now it’s up to the Senate. It’s a wild story that the media won’t report on because they don’t get it. But some very powerful people have figured it out and now the race is on to stop Trump from becoming the shadow central banker to the world.

[–] lemmyng@lemmy.world 40 points 4 days ago

That's the point. Pay 'em in Krusty Bucks.

[–] redsand@infosec.pub 21 points 4 days ago

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.

[–] dhork@lemmy.world 17 points 4 days ago (1 children)

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.

[–] hopesdead@startrek.website 22 points 4 days ago (1 children)

Yes, but stocks hold value as being a form of ownership in a company.

[–] Taldan@lemmy.world 4 points 4 days ago

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

[–] KnitWit@lemmy.world 83 points 4 days ago (1 children)

Amazing how they keep finding new layers of corruption to add. Like a rotten onion.

[–] CharlesDarwin@lemmy.world 13 points 4 days ago

If they get the grift they are aiming for, the corruption will be endless:

https://www.unftr.com/blog/trump-is-looting-the-treasury

[–] rustydrd@sh.itjust.works 40 points 4 days ago
[–] SkunkWorkz@lemmy.world 29 points 4 days ago

Corpos are really desperate to reintroduce scrip.

[–] shittydwarf@piefed.ca 30 points 4 days ago
[–] Meshuggah333@piefed.world 23 points 4 days ago (1 children)

I'm rolling my eyes so hard it hurts.

[–] D_C@sh.itjust.works 5 points 3 days ago

Ok, ok, ok, it hurts...but does it hurt as much as being repeatedly punched in the face then not being paid for it?

[–] ryper@lemmy.ca 29 points 4 days ago (2 children)

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”.

It says the crypto is being used for bonuses. That suggests they are also getting other pay, hopefully with actual money.

“This sounds like advertising,” Todd Phillips, an expert in crypto at the Klaros Group, told the Guardian. He said “Paying the fighters in the USD1 stablecoin would have the same economic function as writing them a check but announcing to the world they are doing it in USD1 sounds like they are adverting to the world that USD1 is out there and that it is connected to the UFC and the White House.

[–] santa@sh.itjust.works 12 points 4 days ago

I hope they aren’t getting paid with our money. Maybe you don’t care how they are paid, but this is ridiculous.

[–] DrMartinu@lemmy.dbzer0.com 11 points 4 days ago (1 children)

Hopefully? I hope everyone involved in this down to the stage hands get robbed blind and lose everything. Fuck everyone involved.

[–] ryper@lemmy.ca 1 points 4 days ago (1 children)

Hopefully?

Yes, I hope the fighters get paid with actual money they can use to pay any medical expenses that result from the fights.

[–] queermunist@lemmy.ml 23 points 4 days ago

Good. That's exactly what they deserve.

[–] wasabi_noir@lemmy.zip 23 points 4 days ago (1 children)

Dana white looks like a scrotum holding its breath.

[–] criss_cross@lemmy.world 12 points 3 days ago (1 children)

Is this the same crypto that you can’t cash out without Trump's permission?

That’s like worse than getting nothing.

[–] CaptPretentious@lemmy.world 7 points 3 days ago

If what you're saying is true, then getting paid in Monopoly money would literally be preferable.

[–] elucubra@sopuli.xyz 10 points 3 days ago (1 children)

This is right out of The Boys

[–] binux@sh.itjust.works 2 points 3 days ago* (last edited 3 days ago)

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!!!”

[–] gedaliyah@lemmy.world 3 points 3 days ago

Do not pass Go.

[–] Treczoks@lemmy.world 6 points 3 days ago

This so fucking crazy, you can't invent it.

[–] Colonel_Panic_@eviltoast.org 10 points 4 days ago

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.

[–] stumu415@lemmy.zip 7 points 4 days ago

USA, USA, USA, USA

[–] Zier@fedia.io 6 points 4 days ago

trump: here's your payment. [hands the UFC fighters a box of twinkies & ho ho's]

fighters: ...

[–] Darleys_Brew@lemmy.ml 4 points 4 days ago

It gets better and better.

[–] CharlesDarwin@lemmy.world 4 points 4 days ago

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