Polymarket is making a really interesting shift. Until now, every dollar on the platform has been basically generating ~4% for Circle. Now, with “Polymarket USD,” they keep USDC in the background and start capturing that yield themselves. At scale, that’s millions per year just from deposits. Feels like Polymarket is slowly turning into its own financial layer. Curious to see if users will benefit from this, or if all the value stays on their side.
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