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0.0148864905098622 0.00688500186081127 -0.016858950502419 -0.0144194268701154 -0.00316337923334577 -0.0249367324153331 -0.0396352809825084 -0.0381466319315221
Stock impact report

Circle and Polymarket Partner to Strengthen Onchain Financial Markets

Circle Internet Group, Inc. Class A (CRCL) 
Company Research Source: Business Wire
Native USDC to Power Transparent, Always-On Settlement for Polymarket Users NEW YORK--(BUSINESS WIRE)--Circle Internet Group, Inc. (NYSE: CRCL), one of the world’s leading internet financial platform companies, today announced a partnership with Polymarket, the world’s largest prediction market, to support reliable dollar-denominated settlement infrastructure for Polymarket users.Currently, Polymarket uses Bridged USDC (USDC.e) on Polygon as collateral for all trading activity. As part of this partnership, Polymarket will transition to native USDC in the coming months. Native USDC is issued by Circle’s regulated affiliates and is redeemable 1:1 for US dollars, providing a more capital efficient, scalable, and institutionally aligned settlement standard as Polymarket’s platform continues to grow."The internet financial system driven by Circle platforms has been built to enable money and capital to work at the speed of the internet, with delightful consumer experiences," said Jeremy Show less Read more
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