Polymarket Switches to Native USDC Through Partnership with Circle

TLDR

• Circle Internet Group has partnered with Polymarket to improve stablecoin settlement on the prediction market platform.
• Polymarket will move from using Bridged USDC on Polygon to native USDC issued by Circle’s regulated affiliates.
• Native USDC allows 1 to 1 redemption for US dollars which enhances settlement reliability and capital efficiency.
• Circle’s infrastructure aims to deliver faster and more transparent onchain dollar settlements for Polymarket users.
• Polymarket plans to complete the transition to native USDC over the coming months without disrupting platform activity.

Circle Internet Group, Inc. (NYSE: CRCL) has entered a strategic partnership with Polymarket to enhance stablecoin settlement standards, aiming to upgrade the prediction market’s financial infrastructure, which currently relies on bridged USDC. The move marks a clear shift toward Circle’s regulated native USDC, redeemable 1:1 for U.S. dollars and designed to meet institutional-grade settlement requirements. This transition is expected to improve efficiency, reliability, and scalability for Polymarket’s growing onchain prediction market.

Native USDC to Replace Bridged Collateral on Polymarket

Polymarket plans to replace Bridged USDC (USDC.e) on Polygon with native USDC in the coming months, shifting its dollar-denominated infrastructure. Native USDC is issued directly by Circle’s regulated affiliates and offers immediate redemption for U.S. dollars.

Circle confirmed that the upgrade supports a more reliable and capital-efficient settlement process aligned with institutional financial practices. Circle CEO Jeremy Allaire stated, “We built Circle to make money and capital flow at the speed of the internet.”

Polymarket operates as a decentralized platform allowing users to trade on real-world event outcomes. The platform currently uses bridged tokens, which involve additional layers of technical and security complexity.

Circle Infrastructure Powers Polymarket’s Future

With native USDC, Polymarket aims to enhance platform stability and standardize dollar settlements across all markets. Circle’s direct issuance and redemption model ensures consistent liquidity, which benefits user confidence.

Shayne Coplan, Founder and CEO of Polymarket, said, “Partnering with Circle supports market integrity and strengthens prediction infrastructure as we grow.” This transition reflects an intent to raise operational standards without compromising the user experience.

Circle’s infrastructure brings regulated financial tools to Polymarket’s prediction market model. The integration enables seamless onchain settlements with dollar-backed stablecoins trusted by institutions.

Polymarket Integrates With Institutional Financial Standards

Polymarket continues to grow its ecosystem by aligning with regulated financial entities such as Circle and Intercontinental Exchange. These collaborations ensure its platform maintains compliance and transparent operations.

Circle joins a list of partners building Polymarket into an institutional-grade infrastructure hub for event-driven markets. The collaboration reinforces the need for verifiable, reliable collateral in blockchain-based platforms.

The two companies aim to bridge onchain prediction protocols with familiar financial standards. As a result, users will benefit from a dependable settlement system built on trusted dollar reserves.

This partnership supports broader stablecoin adoption in regulated onchain finance. The implementation of native USDC aligns Polymarket with evolving transparency and redemption frameworks.

Circle’s role in the collaboration is to provide infrastructure that supports transparent, secure, and compliant market settlement processes. The partnership signifies a step toward integrating stablecoin utility into dynamic blockchain ecosystems.

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