According to the interlocutors of the publication, the motivation of the platform team is obvious – Polymarket wants to own reserves standing for large volumes of stablecoin USDCused by customers for bets.
“Polymarket fixes significant volumes of stablecoins in its bets of bets and is looking for a simple and reliable mechanism to make a significant profit from this,” the interlocutors of journalists explained.
Polymarket operates in a closed ecosystem, which allows you to realize the exchange of stablecoins USDC or USDT
On your own asset, without the need to develop complex solutions. This will simplify the launch of a new asset, and the developers will be able to manage its infrastructure without involving outsiders, providing protection, Coindesk experts commented on the company’s plans.
Earlier, the founder and CEO of Polymarket, SHAYNE Coplan, said that the platform has acquired a QCCEX derivatives to return to the American market for $ 112 million.
Source: Bits
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