
Polymarket Launches Full Exchange Upgrade and Native USDC-Backed Stablecoin
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
Polymarket announced a comprehensive exchange upgrade including a rebuilt trading engine and a new USDC-backed collateral token.
“Polymarket reveals a 'full exchange upgrade' to take control of its own trading and truth The $20 billion prediction market is overhauling its infrastructure and launching a native stablecoin to streamline trading as it prepares for a major U”
The upgrade aims to reduce bridge-related risk and give Polymarket tighter control over settlement and liquidity.

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.

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
All existing order books will be cleared during a short maintenance window.
“Bitcoin and crypto focused prediction market platform Polymarket is preparing its most significant infrastructure upgrade to date, rolling out a rebuilt trading system alongside a new native stablecoin designed to replace bridged collateral and streamline on-chain activity”
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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