UAE Prediction Market That Promoted WLFI’s USD1 Replaces It With USDC
Summary
- UAE prediction market platform ADI PredictStreet removed promotional language for World Liberty Financial’s USD1 and replaced it with USDC.
- On-chain analysis found no signs that USD1 was used in actual trading on the platform, with USDC identified as the token mainly used instead.
- PredictStreet said the USD1-related information was inaccurate and had been posted during an early stage when it was reviewing multiple stablecoins.
Forecast Trend Report by Period
ADI PredictStreet, a UAE-based prediction market platform, has abruptly removed promotional language related to World Liberty Financial’s stablecoin USD1. Actual trading on the platform also appears to have been conducted primarily in USDC rather than USD1.
Bloomberg reported on Nov. 12 that ADI PredictStreet recently deleted USD1 references from its website and replaced them with USDC.
PredictStreet had promoted its use of USD1, the stablecoin from World Liberty Financial, or WLFI, which was founded by the Trump family, after being named an official prediction market partner for the 2026 FIFA World Cup.
However, blockchain analytics firm TickerTracker found no evidence in on-chain transaction data that USD1 had been used on the platform. Instead, actual trading appears to have relied on Circle’s stablecoin USDC.
PredictStreet said the USD1-related information on its website had been posted during its early launch period, when it was reviewing multiple stablecoins, and that the information is now inaccurate.
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