Circle and Polymarket announced a partnership today that will bring native USDC to the prediction market over the next few months, replacing the bridged stablecoin version traders currently use.
Polymarket runs entirely on Bridged USDC (USDC.e) through Polygon right now. Native USDC comes directly from Circle’s regulated entities and can be redeemed one-to-one for US dollars. Bridged tokens need intermediary protocols to move between blockchains, creating extra steps, issues and costs. Native versions eliminate that middleman, making transactions faster and more reliable for users trading billions monthly.
Some crypto analysts on X say that with this upgrade, Polymarket is eliminating bridging risk. It is well known in the industry that cross-chain bridges are the weakest link in hacking blockchains.
Circle 🤝 @Polymarket
Circle has partnered with Polymarket, the world’s largest prediction market, to support the next evolution of onchain financial markets.
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We współpracy z: https://www.coinspeaker.com/polymarket-circle-native-usdc-integration-prediction-market/
