UFC fighters will be able to receive crypto rewards at an event at the White House TheStreet Crypto: the latest news, recommendations, analysis, and more on Bitcoin and cryptocurrencies.

• Cryptocurrency took center stage at UFC Freedom 250, where athletes received bonuses for their performances, paid out in digital assets. The event, held on June 14 on the South Lawn of the White House in Washington, D.C., became one of the most significant commercial demonstrations by two cryptocurrency giants.

Payments were made using USD1 and CRO tokens. USD1 is a dollar-pegged stablecoin issued by World Liberty Financial, a decentralized finance (DeFi) project backed by the Trump family.

Each USD1 is designed to maintain a value equal to one U. S. dollar, while CRO facilitates transactions within the Crypto. com system.

Author: Gage Skidmore from Surprise, Arizona, USA Donald Trump, CC BY-SA 2.0,

For the first time, all fights on the main card ended in knockouts, which created a dilemma in selecting bonus winners after the historic evening.

In the UFC, a card refers to the complete list of scheduled bouts for a specific event. Depending on the popularity of the athletes and the significance of the matchups, it is divided into several stages.

Justin Gaethje claimed the undisputed lightweight title by defeating the previously undefeated Ilya Topuria, whose team stopped the fight before the start of the fifth round.

Cyril Gane claimed the interim heavyweight title, methodically wearing down Alex Pereira before knocking him out in the second minute.

U. S. President Donald Trump and UFC President Dana White during UFC Freedom 250.

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Gaethje and Gunn each received $425,000, including a $100,000 Performance of the Night bonus. Additionally, each received $125,000 and 200,000 CRO.

Their joint Fight of the Night prize added $400,000 to each athletes earnings, including a share of 300,000 CRO. The other winners received the standard early-finish bonus of $25,000.

The total payout to the fighters in cryptocurrency for this event amounted to $950,000. “,”detected_source_language”:”RU

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