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Polymarket launches its own stablecoin and reduces USDC dependence, BitRss reports
- Polymarket launches its own stablecoin and reduces USDC dependence, BitRss reports — Polymarket is launching its own stablecoin backed one-for-one by USDC and releasing a new CLOB client SDK to support the migration, with bots and integrations required to upgrade and re-sign orders. The report says the move could reduce the roughly 3.5 to 4 percent Polymarket currently pays Circle on deposits, with a short maintenance window planned during the upgrade. (BitRss)
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