The Polymarket version of a stablecoin is coming. @Polymarket has announced a major upgrade, including rebuilding its trading engine, upgrading smart contracts, and launching a new collateral token, Polymarket USD (PUSD), pegged 1:1 to USDC, to replace the bridged USDC.e on Polygon. This is the largest infrastructure change since the platform’s launch, employing a hybrid CLOB model to enable faster order matching and lower gas fees. User migration will be handled automatically, but open orders will be canceled during the maintenance period, with advance notice provided.

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