21:01
Insiders: Polymarket is considering launching a stablecoin.
BlockBeats news, on July 23, according to CoinDesk, sources say that the crypto prediction market Polymarket is deciding whether to launch its own custom stablecoin or to accept a revenue-sharing agreement with Circle based on the amount of USDC held on the platform. The source indicated that Polymarket's motivation for creating its own stablecoin is merely to have a reserve of earnings. A representative from Polymarket stated that no decision has yet been made regarding the stablecoin issue.
USDC-0.02%