World Cup official prediction market partner ADI PredictStreet’s official website removes USD1 wording and says it uses USDC
After repeated questions from Bloomberg, World Cup official prediction market partner ADI PredictStreet has removed from its official website the wording about operating with World Liberty Financial (WLFI)’s stablecoin USD1, changed it to USDC, and said the original information was outdated. On-chain analysis commissioned by Bloomberg from TickerTracker showed no evidence that the platform used USD1 for trading; it actually used Circle-issued USDC.
PredictStreet had said that deposits accepted only USD1. Before the wording was removed, a company spokesperson told Bloomberg that the USD1 information on the website was outdated and inaccurate, and that it had been written in by the initial team when evaluating various stablecoin options during the launch stage. The removal took place after the midterm elections.
As FIFA World Cup’s official prediction market partner, ADI PredictStreet provides international users with event contract trading based on its own chain. The discrepancy between the on-chain analysis and the website’s wording highlights the disconnect between the stablecoin choice in promotion and the actual trading medium.
Original source: finance.yahoo.com/markets/crypto/articles/trump-stablecoin-scrubbed-uae-linked-172048203.html
ABAB AI Insight
In the promotion stage, prediction market platforms often present a specific stablecoin as the settlement medium to tie into ecosystem traffic, especially when that stablecoin is associated with a high-profile political or commercial entity; the promotional effect can amplify early visibility. USD1, a dollar-pegged stablecoin issued by World Liberty Financial, was once positioned as a potential user entry point; however, at the actual trading level, liquidity, integration costs, and user habits more often determine the adoption of existing mainstream stablecoins.
Compared with other prediction markets, such as Kalshi and Polymarket, most platforms prioritize stablecoins like USDC or USDT, which already have deep liquidity and compliance pathways, rather than newly issued tokens. On-chain verifiability makes it difficult for the gap between promotion and actual use to persist for long, and website corrections after external inquiries are a common response. Capital and users care more about immediately verifiable trading media and settlement certainty than about ecosystem tie-ins in promotion.
This website revision clarifies the settlement medium as USDC, reducing the direct association with USD1 and possibly lowering additional attention and compliance friction tied to a specific political or project connection. The beneficiaries are trading users and the existing stablecoin ecosystem that rely on USDC liquidity; for USD1, it loses a high-exposure potential use case, highlighting the need for new stablecoins to overcome liquidity and habit barriers in obtaining real trading volume. Structurally, the settlement layer of prediction markets continues to concentrate on mainstream stablecoins with existing depth and verifiability.
Cognitive laws
Stablecoin ties in promotion can be directly disproved by on-chain verifiable data.
Prediction market settlement prioritizes mainstream stablecoins with existing liquidity and user habits.
After external inquiries, website corrections make the gap between promotion and the actual trading medium public.