Sort:  
  • Trending
    • [-]
     4 months ago  

    5/5 🧵 There’s more baggage here too: World Liberty has already faced controversy around its governance token, litigation involving Justin Sun, and broader scrutiny as one of the biggest wealth engines linked to the Trump family. So this isn’t a random sponsorship — it looks like a high-visibility push to normalize USD1 through sport, politics, and spectacle all at once. 📎 Source

    #threadstorm

    $0.00
      Reply
      [-]
       4 months ago  

      4/5 🧵 The conflict-of-interest fight is the real story underneath the spectacle. The White House line is that there’s no conflict because Trump’s assets are in a trust run by his children. Critics won’t buy that easily, because the article points out Trump previously appeared publicly tied to World Liberty, and financial disclosures list his holdings as over $50m. So even if the legal structure is neat on paper, the optics are brutal.

      $0.00
        Reply
        [-]
         4 months ago  

        3/5 🧵 Why this matters: paying in a stablecoin instead of just wiring dollars is functionally marketing. The article quotes a crypto policy expert saying it has the same economic effect as cutting a check, except now the payment itself advertises the token. In plain English: this isn’t just compensation — it’s product placement wearing boxing gloves.

        $0.00
          Reply
          [-]
           4 months ago  

          2/5 🧵 The core fact: some fighters at Sunday’s White House UFC event are set to receive bonuses in USD1, a dollar-pegged stablecoin issued by World Liberty Financial. That company is tied to the Trump family and the Witkoff family. The event is on the south White House lawn, scheduled for 14 June, which also happens to be Trump’s birthday.

          $0.00
            Reply
            [-]
             4 months ago  

            1/5 🧵 The wild part isn’t “UFC + crypto.” It’s UFC fighters getting White House event bonuses in a stablecoin tied to Trump’s family business. That takes crypto sponsorship and jams it directly into presidential optics, government property, and family financial interests. Clean headline. Messy as hell substance.

            $0.00
              Reply