{"id":34097,"date":"2025-06-27T17:17:20","date_gmt":"2025-06-27T17:17:20","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34097"},"modified":"2025-06-27T17:17:20","modified_gmt":"2025-06-27T17:17:20","slug":"stablecoins-are-the-quiet-winners-of-polymarkets-surge-coinbase-research","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34097","title":{"rendered":"Stablecoins Are the \u2018Quiet Winners\u2019 of Polymarket\u2019s Surge: Coinbase Research"},"content":{"rendered":"<div>\n<p>As Polymarket <a href=\"https:\/\/www.coindesk.com\/business\/2025\/06\/24\/polymarket-on-the-verge-of-raising-usd200m-at-usd1b-valuation-report\">seeks a $1 billion valuation<\/a> in a Founders Fund-led round, the \u201cquiet winners\u201d may be the stablecoins underpinning its settlement infrastructure, Coinbase analysts <a href=\"https:\/\/www.coinbase.com\/institutional\/research-insights\/research\/weekly-market-commentary\/weekly-2025-06-27?utm_source=Iterable&amp;utm_medium=email&amp;utm_campaign=in_i_m_w_m_m_itr_ema_0_wmc\">wrote<\/a> in a Friday research report.<\/p>\n<p>All of the platform\u2019s trades settle in Circle\u2019s USDC on Polygon, creating measurable demand for the dollar-pegged token. And while lending protocols lock capital in pools, prediction markets like Polymarket cycle funds at a high velocity \u2014 settling, redeploying and transferring balances continuously, the analysts said.<\/p>\n<p>The platform has processed more than $14 billion in lifetime trading volume. In May alone, it cleared $1 billion, with daily active traders averaging between 20,000 and 30,000.<\/p>\n<p>Meanwhile, in the immediate aftermath of U.S. President Donald Trump\u2019s re-election in November 2024, monthly volume soared to $2.5 billion, sparking corresponding spikes in USDC transfers and bridge activity.<\/p>\n<p>Such flows demonstrate how stablecoins now power real-time market infrastructure. \u201cMomentum is likely to accelerate further with a new content partnership with X, positioning prediction markets as viral social content rather than purely financial tools,\u201d the report said.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As Polymarket seeks a $1 billion valuation in a Founders Fund-led round, the \u201cquiet winners\u201d may be the stablecoins underpinning its settlement infrastructure, Coinbase analysts wrote in a Friday research report. All of the platform\u2019s trades settle in Circle\u2019s USDC on Polygon, creating measurable demand for the dollar-pegged token. And while lending protocols lock capital [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-34097","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34097"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34097\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}