ADI PredictStreet, an Abu Dhabi-linked prediction markets platform, replaced references to USD1 with USDC on its website after questions from Bloomberg. The platform had said that USD1, the World Liberty Financial stablecoin linked to the Trump family, was the only token accepted for deposits, but a spokesperson said the information had become outdated. TickerTracker’s transaction analysis identified USDC as the token used in the observed trades and found no trace of USD1. As of mid-November, USD1’s circulating supply was valued at about $3.2 billion, compared with $70 billion for USDC and $176 billion for USDT. USD1 was previously selected to settle MGX’s $2 billion investment in Binance.
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