Polymarket dey consider native stablecoin to make money from USDC reserves
Polymarket dey check confirm make e get im own stablecoin wey go fit make dem collect yield from di USDC wey dem hold inside prediction pools. Di new Polymarket stablecoin go make am easy to swap between USDC, USDT, and dis new token without need any off-ramp infrastructure. After dem buy QCEX, wey be CFTC-licensed exchange and clearinghouse for $112 million, Polymarket don get clear clear regulatory way for how dem go take run for US. Last year during US election, Polymarket handle over $8 billion for bets plus e get 16 million visits just for May. Di platform also dey update how e dey give rewards and how e dey resolve oracle under 2028 Election Holding Rewards programme. Dem don drop di DOJ and CFTC investigations, so di stablecoin fit boost how platform dey make money and make users dey more involved. Traders suppose keep eye for di regulatory changes and technical plans because Polymarket never still decide finally whether dem go launch di stablecoin or not. Dis move follow di increase demand for new stablecoin issuance after recent US laws and e show how competition dey from big issuers like Tether and Circle.
Bullish
Polymarket dey think of im own stablecoin na good for im ecosystem. If dem launch am, e fit unlock revenue from the $8 billion USDC wey dem get and e go reduce how much dem dey rely on Circle by capturing direct yield. Regulatory clearance from QCEX acquisition and dem DOJ/CFTC investigations wey dem drop dey improve long-term stability. Traders fit respond positively in short term as Polymarket dey strengthen im revenue model and on-platform utility. For long term, if stablecoin succeed, e fit deepen user engagement, attract more capital and support sustained platform growth.