The post Polymarket USD at center as exchange overhaul appeared on BitcoinEthereumNews.com.

In a sweeping platform redesign, Polymarket is rolling out a native stablecoin called polymarket usd as part of a broader infrastructure upgrade for its prediction markets. Polymarket overhauls core trading architecture The prediction market platform Polymarket, valued at more than $20 billion, is preparing a major upgrade to its core exchange infrastructure. The project will refresh its smart contracts, rebuild its order-matching system, and deploy a new collateral token to replace its current bridged stablecoin. The company outlined the modernization plan on X, noting that implementation will take place over the coming weeks. However, a precise launch date for the overhauled trading stack has not yet been disclosed, leaving users watching closely for further announcements. Moreover, the upgrade is designed to make the market more resilient and efficient for high-volume trading. By rebuilding critical components such as settlement logic and liquidity handling, the platform aims to support growth without compromising on security. From USDC.e to a native stablecoin At the heart of the redesign is Polymarket USD, a new collateral token that will replace USDC.e, the bridged derivative of Circle’s USDC currently used on the platform. USDC.e works by locking USDC on the Ethereum mainnet and issuing a mirrored token on other chains, a model that depends heavily on bridge infrastructure. However, this bridge-based setup exposes users to additional risks tied to external smart contracts and cross-chain operators. By contrast, the new token keeps a full 1:1 backing with USDC while giving Polymarket direct control over settlement flows and custody arrangements on its venue. According to the team, the native stablecoin launch will not materially disrupt the average user’s workflow. For most traders the migration will execute in the background, with only a single approval transaction required in the platform interface to authorize the new token. Technical upgrade and EIP-1271…

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Filed under: News - @ April 7, 2026 10:28 am