Quote from: bbc.reporter on Today at 02:51:37 AM

@zasad@. On who needs them, I reckon their clients because instead of a CBDC, they can use virtual payments through their issued stablecoins. However, I am not certain on their implementation but we can be quite sure that if they decide to enter the stablecoin business, they have a roadmap for this already.

In any case, Polymarket is also speculating on whether to issue their own stablecoins hehehe. I reckon yield products for much these stablecoins will be another big storyline for the cryptospace.

Polymarket, 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’s USDC dollar-pegged token used to make bets on the popular betting platform, the person said.

Read in full https://www.coindesk.com/business/2025/07/22/crypto-prediction-market-polymarket-weighs-launching-its-own-stablecoin-source

Everything here is logical. Stablecoin is a token issued by Circle. Circle makes a profit because it invests in US treasuries, and all USDC users give interest-free loans to the US government

Polymarket also wants to get a share of the profits.