Polymarket mulls own stablecoin for efficient use of USDC reserves

Crypto prediction market Polymarket is considering launching its own stablecoin to gain control over the interest-bearing reserves currently backing USDC deposits on its platform, CoinDesk reported, citing sources familiar with the matter. The deliberations reflect a broader industry trend as platforms seek to internalize stablecoin-related revenue, particularly in closed ecosystems. source: https://cryptoslate.com/polymarket-mulls-own-stablecoin-for-efficient-use-of-usdc-reserves/