Crypto Settlement Standards
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Circle Partners Polymarket to Integrate Native USDC, Eliminating Bridge Risk
Yahoo Finance· 2026-02-05 18:17
Core Insights - Circle and Polymarket have announced a partnership to integrate native USDC into the prediction market, replacing the current bridged stablecoin version used by traders [1][2] Group 1: Partnership and Integration - The integration of native USDC will streamline transactions by eliminating the need for intermediary protocols, which are currently required for bridged tokens [2] - This partnership is expected to enhance market integrity and reliability, as stated by Polymarket's CEO Shayne Coplan, supporting a consistent dollar-denominated settlement standard [4] Group 2: Market Performance - Polymarket achieved $3 billion in trading volume on Polygon in October 2025, with over 338,000 traders, and a total of more than $22 billion in notional trading for the first eleven months of 2025, marking a 57% increase from 2024 [4] - In January 2026, Polymarket's monthly volume reached $7.66 billion, making it the second-largest prediction market globally [4] Group 3: Industry Context - The shift to native USDC positions Polymarket closer to the settlement standards expected by major financial institutions, especially as regulatory scrutiny on crypto prediction markets increases [6] - Other platforms have made similar transitions to improve liquidity and reduce settlement friction, indicating a broader industry trend towards standardized stablecoin infrastructure [5]