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Insiders: Polymarket is considering launching a stablecoin.
BlockBeats news, on July 23, according to CoinDesk, sources say that the crypto prediction market Polymarket is deciding whether to launch its own custom stablecoin or to accept a revenue-sharing agreement with Circle based on the amount of USDC held on the platform. The source indicated that Polymarket's motivation for creating its own stablecoin is solely to have reserves for earnings. A representative from Polymarket stated that no decision has been made regarding the stablecoin issue.