ADI PredictStreet Removes USD1 Information, Actually Uses USDC

ADI PredictStreet has removed references to its operation using USD1 from its official website, replacing it with USDC, and stated that the previous information is outdated. On-chain analysis shows that the platform has not traded using USD1, but is actually using USDC issued by Circle. PredictStreet was previously a subsidiary of the International Holding Company, owned by UAE National Security Advisor Tahnoun. An IHC spokesperson stated that it is no longer a subsidiary. Additionally, approximately 64% of the USD1 circulation is held on Binance, while the circulation held by other exchanges does not exceed 5%.

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