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UFC Freedom 250 Paid Fighter Bonuses in USD1 When UFC Freedom 250 wrapped up on the South Lawn of the White House on June 14, the post-fight bonus structure drew attention for reasons that had nothing to do with the scorecards. Fighters at the event received a total of $250,000 in performance bonuses paid in USD1 , the stablecoin issued by World Liberty Financial (WLFI) . [ Yahoo Finance ] For the digital currency community, the mechanics of that payout are worth a closer look . What Is USD1? USD1 is a dollar-to-dollar stablecoin — meaning each token is designed to hold a one-to-one value with the U.S. dollar. Its circulating supply has grown to approximately $4.6 billion as World Liberty Financial pursues a federal banking license . [ CoinDesk ] As stablecoins go, USD1 has had an eventful few months . Earlier this year, WLFI borrowed more than $75 million in stablecoins from Dolomite, a DeFi lending protocol, using 3 billion of its own WLFI governance tokens as collater...