Polymarket pUSD is probably a big deal
Short term improves polymarkets bottom line, long term creates integration opportunities
Palm USD PUSD Price History USD
Own PUSD Now
Buy and sell PUSD easily and securely on BitMart.Palm USD X Insight
What Happened Last Week in DeFi?
Stablecoins/RWA🪙
- Polymarket launches pUSD stablecoin
- Saturn launches sUSDat with 11.5%+ yield
- Axis launches USDx with 10-20% yield
DeFi Updates📈:
- "Aave Will Will Win" passes governance
- Aave Labs secures $42.5M funding
- Lido launches instant stETH unstaking
Issues⚠️
- WLFI faces bad debt concerns on Dolomite
- Justin Sun disputes WLFI blacklist claims
- Polkadot bridge exploited via admin control bug
- Seamless Protocol shutting down
Read the letter for details:
https://t.co/h7i9YbDSHD
pUSD is coming to Polygon
https://t.co/709qsFakhl
Is @Polymarket expanding to upgrade its system or to stay ahead in the PM race?
Polymarket has led on-chain predictions throughout 2025-2026, reaching record trading volume and strong liquidity.
Thanks to that, they aren't hesitant to leverage their growth to make big decisions to upgrade their ecosystem:
+ faster, lower-cost trading engine
+ native stablecoin launching - PUSD
Imo, all of this was to maintain its leading position against pressure from major competitors like Kalshi or the encroachment of giants like Coinbase and DraftKings.
We've heard your feedback, and we're excited to announce Polymarket is getting a full exchange upgrade.
Over the next few weeks, we're rolling out a rebuilt trading engine, upgraded smart contracts, and a new collateral token (Polymarket USD) to move off USDC.e. 🧵
