BTCC
/
BTCC Square
/
Coindesk
/
Polymarket Eyes Stablecoin Launch—Crypto Prediction Giant Bets on Dollar-Pegged Disruption
Polymarket Eyes Stablecoin Launch—Crypto Prediction Giant Bets on Dollar-Pegged Disruption
11
1
Prediction market heavyweight Polymarket is flirting with its own stablecoin—because what’s wilder than gambling on world events? Gambling with a house-branded digital dollar.
Why now? The DeFi casino keeps expanding.
Insiders whisper the move could anchor Polymarket’s ecosystem, letting traders bypass volatile crypto pairs. Because nothing says 'trust us' like a self-issued stablecoin—just ask Tether’s lawyers.
One problem: The space already has 50+ 'stable' coins. Most collapse. A few print monopoly money. All claim to be audited.
Polymarket’s play? Probably another algorithmic band-aid on the bleeding wound of crypto liquidity. But hey—if it keeps degens trading, Wall Street might finally notice.
By:
Previous
Kraken Founder Jesse Powell Cleared as FBI Drops Criminal Probe – Crypto Industry Breathes Easier
Next
JPMorgan Doubles Down on Bitcoin: Inside Their Bold BTC Lending Strategy
