Polymarket Plans to Launch Its Own Stablecoin


16h05 ▪
4
min read ▪ by
Lydie M.

Polymarket, the crypto prediction platform, which currently uses USDC for all its transactions, is considering creating its own stablecoin to capture the revenues currently collected by Circle. Two options are on the table: a revenue-sharing agreement with Circle or an in-house stablecoin.

A blacksmith in an orange hood, symbolizing Polymarket, strikes a glowing coin with a dollar sign.A blacksmith in an orange hood, symbolizing Polymarket, strikes a glowing coin with a dollar sign.

In Brief

  • Polymarket, a platform specializing in crypto prediction markets, plans to launch its own stablecoin.
  • Polymarket hesitates between a revenue-sharing partnership with Circle or issuing…

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