3 days ago
1
CryptoProwl
Tue, April 7, 2026 astatine 7:54 AM CDT 1 min read
Polymarket has announced plans for a large upgrade and a caller stablecoin up of a U.S. enlargement aboriginal this year.
On societal media, the prediction marketplace said that it volition motorboat a caller USDC (CRYPTO: $USDC) backed stablecoin called “Polymarket USD” successful the coming weeks arsenic portion of an overhaul of its trading platform.
The overhaul, described by the institution arsenic a “full speech upgrade,” volition besides see a rebuilt trading motor and updated astute contracts.
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By processing its ain stablecoin, Polymarket appears to beryllium aiming for tighter power implicit colony and liquidity connected its prediction market, accidental analysts.
Prediction markets alteration radical to stake connected the result of real-world events, from sports contests to wars and elections.
Polymarket’s upgrade comes arsenic the institution and its prediction marketplace are nether expanding scrutiny from politicians and the courts, with respective U.S. states filing lawsuits against it.
States assertion that Polymarket operates an amerciable gambling operation. There person besides been controversies implicit geopolitically themed bets and accusations of insider trading.
Despite the controversies, Polymarket is readying a large U.S. enlargement this year. The institution is presently valued astatine $20 cardinal U.S.
Polymarket is privately held, meaning that its banal doesn’t commercialized connected a nationalist exchange.
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