Argentinian athlete Guido “El Ninja” Cannetti of the UFC, will load the fight he will lead in the United States, this October 1, in stablecoins.
An industry that has seen a great ally in cryptocurrencies, is the elite sport. This synergy that seeks to benefit athletes and sports associations has been essential for the crypto world.
bitwagean international fee payment company that uses Bitcoin (BTC) and stablecoins pegged to the dollar, announced its new agreement with Guido “The Ninja” CannettiSeptember 26, 2022.
The Argentine mixed martial arts fighter will fight on October 1 in the United States, as part of the Ultimate Fighting Championship (UFC). In this opportunity, The Ninja will receive 100% of his salary in cryptocurrencies.
In the official announcement, Bitwage explains that receiving money in cryptocurrencies protects people from exposing their savings to local currency volatility and devaluation. Likewise, Canetti commented :
“I love my country, and I am very happy to have the opportunity to maintain a healthy lifestyle there while receiving my payments in complete safety and preserving my assets in the best possible way, in dollars. It’s a luxury to be able to earn dollars and at the same time live surrounded by the people I love.
Originally from Mar del Plata, El Ninja is an Argentinian martial artist who competes in the bantamweight division of the UFC. In his career as an athlete, he has 9 wins and 6 losses. At 42, he is an eminence at the local level.
UFC and cryptocurrencies
In March 2022, the Brazilian Nicolas Matheusbecame the first Latino UFC fighter to be paid in Bitcoin (BTC). This was also possible thanks to Bitwage. Of course, he announced that part of his salary would be divided into stablecoins to dampen local inflation and BTC volatility. Ulysse AlzogarayCountry Manager of Bitwage in Argentina, commented:
“For us it is a pride to add another athlete to our platform, Bitwage offers versatility that allows the most diverse users to choose us to receive their payments from abroad, and the truth is that we are proud that every day more and more athletes join us, choose to be able to live where they want and receive their payments without friction and at the best exchange rate”.
For its part, Jonathan ChesterCEO of Bitwage, explained that the company’s goal is to “Create great financial products in the crypto ecosystem at the same time that they are used in the daily lives of workers around the world.”
In April of this year, the UFC also reached an agreement with the swap centralized (CEX) Crypto.com, to deliver Bitcoin (BTC) bonuses to fighters. The Fan bonus of the evening will have three Bitcoin bonuses and will be awarded to the top three fighters in each event of UFC pay-per-view.
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