I have long felt that the ABC belts are used as a crutch to promote little known fighters.
Once a fighter reaches the public awareness-level of Mayweather or Wlad, the ABC org should then have to pay the fighter a fee for the broad exposure they are giving the organization.
The Ring belt (the true world championship) does not charge a sanction fee. The IBO has a flat rate sanction fee that maxes out at (I think) 15 grand regardless how high the fighters purse is.
If I were Wlad, I would drop the WBO and IBF trinkets in the trash bin where they belong and only hang on to the Ring and IBO straps as symbols of my undisputed championship.
HBO and Showtime have the power to kill the alphabet soup by not allowing any audio or visual reference to the trinkets on their broadcasts and by recognizing only Ring rankings or creating a reformed ranking system.