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Polymarket will update its infrastructure and launch the Polymarket USD stablecoin in 2–3 weeks
Polymarket said that within the next 2–3 weeks it will carry out the largest update since launch: it will overhaul the trading engine, upgrade the CLOB, and introduce a new smart contract system, CTF Exchange V2, to speed up order matching and reduce network fees. The platform will also release the Polymarket USD stablecoin pegged 1:1 to USDC, which will replace USDC.e on Polygon, and add support for EIP-1271 so that multi-signature wallets like Safe can trade directly. During the work, the current order books will be cleared, and the maintenance date will be announced one week in advance.
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