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100% right that this is an interest-free loan from UFC to WLFI dressed as a sponsorship. It’s also a product demo. UFC pays in cash, WLFI converts it to a “gift” in its own currency, and a billion-person audience learns USD1 means instant money. 9 days after the freeze key proved otherwise.
7h
WLFI is paying UFC bonuses in USD1 on the White House lawn, nine days after its freeze key locked retail users out of the same system.
wlfireside.substack.com
The White House Stablecoin Ad
WLFireside
UFC Gives Trump Crypto Venture An Interest-Free Loan— 1. UFC gives World Liberty cash 2. World Liberty gives fighters USD1 3. World Liberty invests UFC’s cash in Treasuries and pockets the interest.
14h
Some fighters will receive bonuses in ‘stablecoins’ issued by Trump family business World Liberty Financial
www.theguardian.com
UFC to pay White House fighters in crypto issued by Trump company
Zach Everson