Polymarket operates on Polygon, a proof-of-stake layer two blockchain built on Ethereum. All transactions are denominated in USDC, a US-dollar pegged stablecoin.

This architecture offers several advantages over traditional prediction markets:

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Why USDC?

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Stable Value

Polymarket denominates trades in USDC, which is pegged 1:1 to the US Dollar. This shields you from the volatility associated with other cryptocurrencies and offers a stable medium for trading.

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Regulated Reserves

USDC operates in adherence to regulatory standards and is backed by reserved assets.

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Transparency

Blockchain technology facilitates transparency, as all transactions are recorded publicly.

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Global Reach

Research has shown that wide availability of prediction markets increases their accuracy. Using decentralized blockchain technology removes the need for a central authority in trading, which fosters fairness and open participation around the globe.