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Stablecoins Are the ‘Quiet Winners’ of Polymarket’s Surge: Coinbase Research
coindesk.com/markets/2025/06/27/stablecoins-are-the-quiet-winners-of-polymarkets-surge-coinbase-research
As Polymarket seeks a $1 billion valuation in a Founders Fund-led round, the “quiet winners” may be the stablecoins underpinning its settlement infrastructure, Coinbase analysts wrote in a Friday research report.
All of the platform’s trades settle in Circle’s USDC on Polygon, creating…
This story appeared on coindesk.com, 2025-06-27 17:05:58.