Polymarket Reveals Exchange Upgrade and Native Stablecoin
Polymarket has announced a full upgrade of its exchange stack, introducing a rebuilt trading engine and a native USD stablecoin called Polymarket USD. The upgrade will improve efficiency, reduce gas costs, and replace the existing USDC.e collateral token with a new one backed 1:1 by USDC.
Polymarket is upgrading its exchange stack with new contracts and a rebuilt trading engine. The new CTF Exchange V2 will have a faster matching engine and lower gas usage. Polymarket USD will be introduced as a new collateral token, replacing USDC.e. The platform will clear existing order books during a short maintenance window. The upgrade will also add support for EIP-1271, enabling smart contract wallets to sign orders directly. The changes are expected to improve efficiency and reduce costs for users.
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