Tyrian Trade

Trump-Linked USD1 Disappears From UAE Prediction Market Website as On-Chain Data Shows USDC Usage

References to the Trump-linked USD1 stablecoin have reportedly been removed from the website of ADI PredictStreet, a prediction market platform associated with the United Arab Emirates, according to Bloomberg.
The change follows an examination of blockchain transactions indicating that the platform was using USDC rather than USD1 for its reported activity. The discrepancy raises questions about how the platform previously presented its supported payment assets.
USD1 is associated with World Liberty Financial, the cryptocurrency venture linked to the Trump family. Its potential use in financial applications has attracted attention as stablecoin issuers compete to secure integrations with exchanges, trading platforms and payment providers.
The removal of USD1 references does not by itself establish why the website was changed or whether the token had previously been supported in another capacity. Further clarification from the companies involved would be needed to determine the status of any commercial arrangement.

Trump-Linked USD1 Disappears From UAE Prediction Market Website as On-Chain Data Shows USDC Usage

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