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Crypto DeFi

UAE-Linked PredictStreet Removes USD1 References, On-Chain Data Shows USDC Use

ADI PredictStreet, the World Cup prediction market partner linked to a UAE national security adviser, removed website references to operating with World Liberty Financial’s USD1 stablecoin after Bloomberg inquiries, switching to USDC and calling the original information outdated. On-chain analysis by TickerTracker found no evidence of USD1 transactions on the platform, which actually uses Circle’s USDC. Arkham data shows about 64% of USD1’s circulating supply sits on Binance, with no other exchange holding over 5%.

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