Polymarket’s Stablecoin Trilemma: Why USDC Collateral Creates Systemic Risk
Polymarket has grown into one of the most active decentralized prediction markets globally, with thousands of daily traders speculating on elections, inflation data, geopolitical events, and corporate outcomes. All trades settle in USDC, Circle’s centralized stablecoin issued on Ethereum and Polygon. That choice was practical: USDC offered deep liquidity, institutional acceptance, and regulatory clarity compared […]
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