While Polymarket seeks an assessment of $ 1 billion in a round led by the fund of the founders, the “silent winners” can be the stables that support their liquidation infrastructure, the coinbase analysts wrote in a Friday research report.
All the platform trades are established in the USDC of Circle in Polygon, creating a measurable demand for the dollar token. And while loan protocols block capital in the pools, prediction markets such as Polymarket cycle funds at high speed: settle, deploy and transfer balances continuously, analysts said.
The platform has prosecuted more than $ 14 billion in volume of life for life. In May alone, it eliminated $ 1 billion, with daily active merchants with an average of between 20,000 and 30,000.
Meanwhile, immediately after the re -election of US President Donald Trump in November 2024, the monthly volume rose to $ 2.5 billion, which caused corresponding peaks in USDC transfers and bridge activity.
Such flows demonstrate how Stablecoins now feed the market infrastructure in real time. “The impulse is likely to accelerate even more with a new content association with X, positioning prediction markets as a viral social content instead of purely financial tools,” the report said.
