#PolymarketMajorUpgrade Poly market launches it's own Stable coin reduces USDC dependence named as Poly market USD. The prediction market will migrate from USDC to the new collateral token, which will be backed 1:1 by USDC.

The aim is to improve trading efficiency and giving Poly market more control over its liquidity .

In the recent tweet post Poly market developers team confirm that Poly market USD will replace USDC as the main collateral token on the platform.

The transition will happen over next two to three weeks alongside upgrades to smart contracts, order books and the trading engine.

A new SDK will help developers to migrate bots through existing order books will be cleared.