Stablecoins Are the ‘Quiet Winners’ of Polymarket’s Surge: Coinbase Research
8 Articles
8 Articles
Stablecoins Are the ‘Quiet Winners’ of Polymarket’s 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 measurable demand for the dollar-pegged token. And while lending protocols lock capital in pools, prediction markets like Polymarket cycle funds at a high velocity…
Crypto matures as stablecoins and strategy take the spotlight - SiliconANGLE
Crypto’s latest evolution is less about chaos and more about construction. Stablecoins are gaining traction as real-world assets move on-chain, regulatory infrastructure is taking shape and developers are laying new groundwork for how digital value flows across systems and borders. At theCUBE + NYSE Wired Crypto Trailblazer NYC event, that reinvention took center stage. Executives […] The post Crypto clarified: 8 expert insights on scale, stabil…
Coinbase Research Reveals How Polymarket Is Fueling Massive Demand for USDC - Crypto Economy
TL;DR Polymarket is aiming for a $1 billion valuation, with USDC firmly established as the foundation of its settlement system on the Polygon network. According to Coinbase Research, the high trading volume on Polymarket drives stablecoin demand, thanks to its constant capital turnover. Record activity following Trump’s re-election and the partnership with X highlighted the role of prediction markets as real-time liquidity engines. Polymarket c…
Prediction Market Growth Lifts USDC Flows, Signaling Stablecoin Utility Shift
Polymarket, the decentralized prediction market platform, sought to become the latest crypto unicorn after closing a new funding round at a roughly $1 billion valuation, Coinbase noted in its latest research.The raise, led by Founders Fund, marks a major turning point for event-driven crypto platforms as venture capital pivots toward consumer-focused applications in the space.In just one day, regulated rival Kalshi followed with its own $185 mil…
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