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Circle and Polymarket Partner to Enhance Settlement Infrastructure

  • Circle has partnered with Polymarket to enhance a reliable, dollar-based settlement infrastructure.
  • Polymarket will transition from using bridged USDC on Polygon to native USDC, enhancing capital efficiency and scalability.
  • The partnership aims to combine Circle’s financial infrastructure with Polymarket’s market model for a better user experience.
  • This move supports consistent settlement standards as trading activity increases, with native USDC fully backed by US dollars.
  • The collaboration highlights the growing adoption of stablecoins in onchain finance, aiming for high-integrity markets.

Circle’s partnership with Polymarket marks a significant step towards improving settlement infrastructure by adopting native USDC, reflecting increased stablecoin usage in the financial sector.

Source (3.2)https://cryptobriefing.com/circle-polymarket-partnership-usdc/?rand=59535
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