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Brazilian UFC Star Opts for Bitcoin Paycheck To Protect Earnings

Published 03/23/2022, 01:38 AM
Updated 03/23/2022, 02:00 AM
© Reuters.  Brazilian UFC Star Opts for Bitcoin Paycheck To Protect Earnings
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  • Ultimate Fighting Champion star Matheus Nicolau is the latest athlete that has opted to receive his fight earnings in Bitcoin.
  • A deal that was assisted through Bitwage payroll service will see the UFC fighter receive his first Bitcoin paycheck.
  • Nicolau’s manager, Vinicius Las Casas, will also use Bitwage to receive a portion of his salary in Bitcoin.

A Brazilian Ultimate Fighting Champion (UFC) star will receive his next fight earnings in cryptocurrency to hedge against inflation and protect the value of his hard earned-money.

Matheus Nicolau is the latest athlete that has opted to receive his fight earnings in Bitcoin (BTC). Through a deal that was assisted by Bitwage payroll service, Nicolau, the eighth-ranked UFC flyweight fighter, received his first salary in Bitcoin this past Monday.

It is believed that the Brazilian fighter opted for a cryptocurrency paycheck to hedge against the rising inflation, stating in a recent interview that earning Bitcoin will help secur ...

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