🚨 JUST IN: Polymarket to launch 1:1 USDC-backed crypto collateral token (Polymarket USD)

Big infrastructure upgrade dropping over the next few weeks 👀

Polymarket just announced their largest platform overhaul since launch: a full exchange upgrade featuring:

👉Rebuilt trading engine → faster execution + lower gas fees

👉Upgraded smart contracts → cleaner, more scalable foundation

👉New collateral token: Polymarket USD (PUSD) → moving OFF bridged USDC.e entirely

This new token is backed 1:1 by (native) USDC, creating a fully onchain, capital-efficient collateral layer for all prediction markets. No more bridge risks. Direct dollar settlement vibes. Liquidity stays locked in the ecosystem. 🧬

What this means:

✅ Smoother, faster trading for millions in daily volume

✅ Better capital efficiency (your USDC works harder)

✅ Stronger foundation as Polymarket scales to the next level

✅ Short maintenance window coming (open orders canceled — advance notice dropping soon)

This builds directly on their earlier Circle partnership for native USDC. Prediction markets just leveled up from “cool DeFi app” to serious onchain financial infrastructure.

Bullish for traders, degens, and the entire ecosystem. Next stop: $POLY airdrop speculation intensifies? 👀