Polymarket just revealed a 'full exchange upgrade' to take control of its own trading and truth
CoinDesk
Polymarket is launching a native stablecoin and infrastructure overhaul to centralize control over its trading engine and dispute resolution systems.Summary
Polymarket is undergoing a significant infrastructure overhaul, replacing its bridged USDC.e stablecoin with a new native collateral token, Polymarket USD. This upgrade aims to improve settlement efficiency and reduce risks associated with bridge infrastructure. Furthermore, the platform is evolving its governance model, potentially using a planned POLY token to internalize dispute resolution and market curation. By shifting away from reliance on third-party oracles, Polymarket seeks greater autonomy over its trading operations and the "truth" of market outcomes as it continues its expansion into the U.S. market.
(Source：CoinDesk)