CryptoNews.com.au
Cryptocurrency prediction market Polymarket is exploring two strategic options to capture stablecoin yield generated by user activity on its platform: creating its own stablecoin or entering a revenue-sharing agreement with Circle, the company behind USDC. The move is designed to secure the yield that currently flows to stablecoin providers from reserves held on Polymarket’s platform…
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Polymarket Considers Native Stablecoin to Capture Yield as It Eyes U.S. Comeback
Cryptocurrency prediction market Polymarket is exploring two strategic options to capture stablecoin yield generated by user activity on its platform: creating its own stablecoin or entering a revenue-sharing agreement with Circle, the company behind USDC. The move is designed to secure the yield that currently flows to stablecoin providers from reserves held on Polymarket’s platform…