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Polymarket to swap bridged USDC.e on Polygon for native USDC via Circle partnership

The Block
Polymarket is partnering with Circle to replace its bridged USDC.e on Polygon with native USDC in the coming months.

Summary

Polymarket, the largest fully onchain prediction market built on Polygon, is transitioning from using bridged USDC.e to native USDC as its primary payment method through a new partnership with Circle. Currently, USDC.e is used for all trading, order placement, and settlements, automatically converting deposits from other chains like Ethereum and Solana. Circle CEO Jeremy Allaire stated the partnership will bring the utility and speed of native USDC to enhance the user experience. Circle, which natively issues USDC on about 30 chains, plans to introduce the native Polymarket USDC in the coming months, aligning with its roadmap to deepen native support on high-impact networks.

(Source:The Block)