WE-LaunchSource: Insider Insider Source: Polymarket is considering launching a stablecoin
BlockBeats News, July 23rd, according to CoinDesk, a source said that the crypto prediction market Polymarket is deciding whether to launch its own custom stablecoin or to enter into a revenue-sharing agreement with Circle based on the amount of USDC held on the platform.
This source said that Polymarket's motivation for creating its own stablecoin is solely to have a revenue reserve. A representative of Polymarket stated that no decision has been made on the stablecoin issue at this time.
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