Concerns arise over PayPal's stablecoin PYUSD due to usability issues, high gas fees, and outdated technology
The Block •
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Polymarket to Introduce USDC-Backed Stablecoin as Part of Platform Overhaul
Financefeeds ·
USDC Issuance Surges on Solana as Stablecoin Demand Accelerates Across DeFi and Trading
Financefeeds ·
Polymarket Announces It Will Use Its Own Stablecoin The largest prediction market, Polymarket, will migrate from USDC.e to a new Collateral Token (PolymarketUSD), backed 1:1 by USDC. Power users and API-only traders will need to wrap their USDC or USDC.e into PolymarketUSD via the Collateral Onramp
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Coinbase seamlessly supports DAI to USDS migration May 4-6, unlocking enhanced Sky stablecoin opportunities for EEA users outside restricted regions.
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