As a multi-market Seeking $1 billion valuation In a fund-led round, the “quiet winner” may be the stable of the foundations of infrastructure, Coinbase analyst Write In a Friday study report.
All transactions on the platform settle in Circle USDC’s USDC about polygons, creating a measurable demand for USD fixed tokens. Analysts say that while loan agreements lock capital in the pool, forecast markets like Polymarket Cycle funds are at a high rate – settled, redeployed and transferred balances.
The platform has processed more than $14 billion in lifetime transaction volume. In May alone, it liquidated $1 billion, with the average of daily active traders between 20,000 and 30,000.
Meanwhile, monthly sales soared to $2.5 billion shortly after U.S. President Donald Trump re-election in November 2024, triggering corresponding spikes in USDC transfers and bridge activity.
Such flows demonstrate how Stablecoins now has real-time market infrastructure. “Momentum may be further accelerated by establishing a new content partnership with X, positioning the forecast market as viral social content rather than purely financial instruments,” the report said.
