Polymarket considering launching its own stablecoin - Coindesk

Polymarket considering launching its own stablecoin - Coindesk

• The company is reportedly deciding whether to introduce its own customized stablecoin, or accept a revenue sharing deal with Circle based on the amount of USDC held on the platform.
• Polymarket’s motivation to create.
  its own stablecoin is simply to own the yield-generating reserves that back the large amount of Circle’s USDC dollar-pegged token.

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