Polymarket Unveils Major Platform Overhaul and Introduces Native Stablecoin
Polymarket, a prediction market platform, is overhauling its exchange infrastructure and introducing a native stablecoin, Polymarket USD. The platform is re-establishing its US operations after a 2022 withdrawal, following CFTC registration in July 2025.
Polymarket is implementing a comprehensive exchange overhaul, featuring upgraded smart contracts and a rebuilt trading infrastructure. The new token, Polymarket USD, will replace USDC.e, providing enhanced settlement control and minimizing bridge-related vulnerabilities. The platform's valuation exceeds $20 billion. Polymarket is re-establishing its US operations after a 2022 withdrawal. The company secured CFTC registration in July 2025, enabling its domestic comeback. A POLY governance token is planned, but its launch remains pending.
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