Insiders: Polymarket is considering launching a stablecoin

ChainCatcher news, according to CoinDesk, sources say that the crypto prediction market Polymarket is deciding whether to launch its own custom stablecoin or to accept a revenue-sharing agreement with Circle based on the amount of USDC held on the platform.

The source indicated that Polymarket's motivation for creating its own stablecoin is solely to have a reserve of earnings. A representative from Polymarket stated that no decision has been made regarding the stablecoin issue at this time.