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Business · United StatesPolymarket, the cryptocurrency-powered prediction market that recently attained a billion dollar valuation, is deciding whether to introduce its own customized stablecoin, or accept a revenue sharing deal with Circle based on the amount of USDC held on the platform, according to a person familiar with the plans.Polymarket’s motivation to create its own stablecoin is simply to own the yield-generating reserves that back the large amount of Circle…See the Story
Crypto Prediction Market Polymarket Weighs Launching Its Own Stablecoin: Source
42% Center coverage: 12 sources
InnovationStablecoins are an "opportunity, not a threat," for international money transfer company Western Union, according to CEO Devin McGranahan.McGranahan said in an interview with Bloomberg on Monday that anything allowing users to send money faster and cheaper across borders is going to be good for Western Union and its customers.Stablecoins are crypto tokens pegged to the value of a traditional financial asset, such as a fiat currency, with the U.S…See the Story
Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg
60% Center coverage: 5 sources
