The token will be called Polymarket USD and is backed 1:1 by USD Coin (USDC).
In this way, Polymarket distances itself from USDC.e.
Polymarket, a decentralized betting platform, will launch its own stablecoin called Polymarket USD, which will function as a collateral asset within its ecosystem. The initiative is part of a broader upgrade of its exchange infrastructure.
According to reported yesterday, April 6, 2026, The new token will be backed 1:1 by USD Coin (USDC), the Circle company’s stablecoin, and will replace USDC.e as collateral within the platform.
In practice, this implies that users will operate with their own Polymarket account unit, although supported by an already existing stablecoin.
The measure is part of the migration to a new version of its trading system, known as CTF Exchange V2, which introduces changes to smart contracts, the order structure and the operation of the order book.
In simple terms, it is an update of the engine with which Polymarket processes bets on events and crosses operations between buyers and sellers.
Announced improvements include greater efficiency in order matching, a more optimized distribution of commissions and compatibility with new digital signature standards.
As part of this transition, Polymarket will also renew its developer infrastructure, with new tools and updates to its development kits, which will require adjustments by those operating with integrations or bots.
Operationally, the change will be virtually invisible to most users, as the conversion from USDC or USDC.ea Polymarket USD will be done automatically from the interface. However, developers or more advanced users—who use functionalities such as those described in the paragraph above—will have to carry out this process manually through specific contracts.
The launch of Polymarket USD can reorganize your trading system, simplify internal flows and have greater control over liquidity within your platform which, as CriptoNoticias has explained, lives in the Polygon network.
Beyond the token launch, the main change is in the infrastructure update. The new version of the system involves the removal of current order books and their replacement with a renewed scheme, which will require a complete migration of the trading environment.
During this process, the platform anticipated that there will be a maintenance period and that all users will have to adapt to the new structure. For advanced developers and operators, This will involve updating your tools and re-signing orders under the new system.