Stableecoins are the ‘quiet winners’ of polymarket’s surge: coinbase research

As the polyming field is looking for a $ 1 billion valuation in a Founder’s Founded Round, the “quiet winners” may be stableecoins that support its settlement infrastructure, coinbase analysts wrote in a Friday research report.

All of the platform trades settle in Circle’s USDC on Polygon and create measurable demand for dollar-pegged token. And while lending protocols are locking capital in pools, prediction markets such as polyming cycle funds at a high speed – settlement, redistribution and transfer of balance continuously, analysts say.

The platform has treated more than $ 14 billion in lifetime trade. In May alone, the $ 1 billion cleared, with daily active traders being between 20,000 and 30,000 on average.

Meanwhile, it rose in the immediate demand for US President Donald Trump’s re-election in November 2024 monthly volume to $ 2.5 billion, triggering similar spikes in USDC transfers and bridge activity.

Such currents demonstrate how stableecoins are now operating real -time market infrastructure. “Momentum is likely to speed up further with a new content partnership with X, location of prediction markets as viral social content rather than purely economic tools,” the report says.

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