What will happen to USDC now Polymarket is launching its own stablecoin?

Date:

Share post:

Polymarket’s plan to roll out its own collateral token sounds, at first glance, like the kind of move that should eat into Circle’s USDC. A platform swaps out USDC.e, introduces Polymarket USD, and the obvious retail question follows almost immediately: Does that mean less demand for USDC…
Read More

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Trump’s World Liberty Financial borrows $75M against illiquid WLFI tokens with 16B token dump incoming

World Liberty Financial, the decentralized finance project co-founded by the Trump family, is hastily preparing to unlock a...

Bittensor sheds $900 million in market value as key AI developer exits amid in-fighting

A high-profile departure from Bittensor has triggered a steep sell-off in the decentralized artificial intelligence network, wiping out...

US inflation soars to 3.3% in largest jump since 2021 – so why did Bitcoin barely move?

March inflation has delivered a split result with one immediate consequence. US consumer prices accelerated hard enough to...

Bitcoin miner fees are close to zero as cost to mine nears $80,000 with difficulty about to drop 5%

Bitcoin mining is still running on the subsidy, not demand. That is the more useful place to start...