Stablecoins is the ‘Quiet Winner’ of Polymarket’s Surge: Coinbase Research

As polymarket Looking for a $ 1 billion appreciation To a funder-led founders, the “quiet winners” may be the stablecoins that support its settlement infrastructure, Coinbase’s analysts write In a research report on Friday.
All platform trading resides in the USDC of the Polygon circle, creating measurable demand for the dollar token. And while lending protocols locked capital in pools, predictions markets such as polymarket cycle funds to a high speed -repair, re -review and transfer balances, the analysts said.
The platform processes more than $ 14 billion in the amount of trading in life. Just in May, it removed $ 1 billion, with a sun -active trader average between 20,000 and 30,000.
Meanwhile, as soon as the US president’s presidential re -election in November 2024, the monthly volume rose to $ 2.5 billion, releasing the corresponding spikes with the USDC transfer and bridge activity.
Such flows show how stablecoins are now the power of real-time market infrastructure. “Momentum is likely to accelerate a new content cooperation with X, positioning prophecy markets as viral society content rather than concentrated financial tools,” the report said.