Polymarket Launches Full Exchange Upgrade and Native USDC-Backed Stablecoin
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Polymarket Launches Full Exchange Upgrade and Native USDC-Backed Stablecoin

06 April, 2026.Crypto.9 sources

Key Takeaways

  • Polymarket unveils a full exchange upgrade with rebuilt trading engine and upgraded contracts.
  • Native USDC-backed collateral token replaces bridged USDC.e for on-chain settlement.
  • Supports major U.S. expansion as it upgrades infrastructure.

Full Exchange Overhaul

The upgrade aims to reduce bridge-related risk and give Polymarket tighter control over settlement and liquidity.

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CTF Exchange V2 optimizes trade matching and adds support for EIP-1271 signatures.

Most users will experience a seamless transition with a one-time approval prompt.

Scaling for Growth

The overhaul arrives as Polymarket processes record volumes, crossing $10 billion in monthly volume.

The upgrade reflects a shift away from bridged dollar rails toward native settlement assets.

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The new CLOB is designed to deliver faster execution and tighter spreads.

Polymarket is preparing for a major U.S. expansion after registering with the CFTC.

User Impact and Developer Changes

Developers will need to update SDKs and re-sign orders.

The new token is not tradable or speculative; it functions like a wrapped stablecoin.

The upgrade is designed to be seamless for everyday participants.

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