Crypto prediction market Polymarket is considering launching its own stablecoin to gain control over the interest-bearing reserves currently backing USDC deposits on its platform, CoinDesk reported, citing sources familiar with the matter.

The deliberations reflect a broader industry trend as platforms seek to internalize stablecoin-related revenue, particularly in closed ecosystems.

The source told the news outlet that Polymarket is evaluating two paths: introducing a proprietary stablecoin for internal use or entering into a revenue-sharing arrangement with Circle, the issuer of USDC.

Polymarket has not yet made a final decision, a company representative confirmed to CoinDesk.

Since Polymarket operates a closed-loop system, where users trade prediction markets using stablecoins without external payment flows, creating a native dollar-pegged token would require minimal infrastructure changes.

Users could easily convert existing USDC or USDT into the new token, keeping the liquidity and reserve yield within the platform.

The U.S. regulatory environment for stablecoins improved last week with the passage of federal legislation providing a legal framework for issuers. The development has made stablecoin issuance a more viable and appealing strategy for both crypto-native firms and traditional finance players.

Circle has reportedly been offering revenue-sharing agreements to partners such as exchanges and payment providers to maintain competitive positioning. Spokespeople for Circle did not respond to a request for comment.

Polymarket, recently valued at over $1 billion, has seen a surge in activity, including $8 billion in volume during the last U.S. election cycle and over 15 million website visits in May, according to SimilarWeb data.

The company is also preparing to expand its U.S. presence through the acquisition of QCEX, following the resolution of legal issues tied to previous U.S. user activity.

By potentially launching its own stablecoin, Polymarket would join a growing list of platforms seeking to bring value capture closer to the application layer, a shift that could redefine the economics of blockchain-based financial services.

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Cryptocurrency investment has enormously evolved during the past few years, providing better solutions for earning passive income. Crypto staking and crypto mining are the two most common passive income sources. Although mining has been around since the inception of Bitcoin, the arrival of staking crypto introduced a new, more efficient, and sustainable way of earning rewards. As there is increasing discomfort about energy consumption and equipment costs, staking crypto is proving to be the better alternative for investors seeking good returns. 

Crypto Mining (Cloud Mining) vs. Crypto Staking

Cryptocurrency investors often have a conflict between selecting cloud mining and staking as ways to earn passive income. While both involve earning rewards, There are different principles and with distinct advantages and risks in both cloud mining and staking. Here is a detailed chart below comparing Cloud Mining vs. Crypto Staking to help investors make an informed decision.

Key Differences: Cloud Mining vs. Crypto Staking

HTXMining: A Reliable Platform for Crypto Earnings

It is important to choose the right platform for those who are interested in maximizing their crypto earnings. HTXMining is one of the Best Crypto Staking Platforms for staking and mining cryptocurrencies. Crypto staking involves putting your crypto assets to work directly within a blockchain network and cloud mining is based on utilizing the computer energy from far-off data centers to mine cryptocurrencies. 

HTXMining Liquidity Mining: Maximizing Returns with Stability

HTXMining Liquidity Staking: Unlocking the Future of Crypto Staking

HTXMining offers a cutting-edge liquidity staking solution, allowing users to earn passive income while maintaining flexibility over their staked assets. HTXMining is a top-tier platform for crypto enthusiasts looking to maximize their staking rewards, with a maximum dynamic return (DR) of up to 5.5% and a total value locked (TVL) exceeding $84 billion.

HTXMining Bonus and Affiliate Program

HTXMining offers attractive bonuses and rewards such as affiliate programs to their users. This program will help the users with boosting their assets while participating in Crypto staking. No matter if you’re putting your assets on the line or bringing in friends, HTXMining offers various methods to boost your rewards and make some easy money.

HTXMining Affiliate Program: Earn by Referring Friends

HTXMining’s Affiliate Program provides a better way to maximize its assets by bringing new users to the platform.

How It Works:

1. Join the Program – Connect your wallet and get a unique referral link.

2. Invite Friends – Upon signing up, you will receive a unique referral link and share the link with friends or else with your social media networks.

3. Earn Commissions – Get a percentage of your referrals’ staking rewards and investments.

4. Level Up for More Rewards – You can grow your assets by referring more users to the platform.

HTXMining Welcome Bonus: Kickstart Your Staking Journey with Extra Rewards

Considering the new users welcomed by HTXMining with welcome bonuses, make sure to take the sign-up bonuses on this platform, including extra staking rewards or a bonus deposit when you start the staking. This bonus will be a kickstart for beginners to start their crypto-staking journey.

HTXMining Million Bounty Program: Earn Big Rewards for Your Engagement

The Million Bounty Program of Htxmining is focused on maximizing the funds of investors by participating in promotional activities. This program will help you to generate extra income while contributing to the HTXMining ecosystem.

How to Participate in the HTXMining Million Bounty Program?

1. Register

Connect the wallet and complete the mentioned tasks to earn rewards.

Ready to earn by completing the tasks.

2. Complete Promotional Tasks

Participants can earn rewards by completing the tasks, such as managing the groups, and posts, and sharing among the others using social media networks such as Twitter, Facebook, and Reddit. Other than that, the users can write articles or create videos to engage with more people.

3. Earn Rewards Based on Your Contribution

You can earn higher bounty rewards by engaging with more people.

Key Features of HTXMining

HTXMining has become a leading platform among crypto investors, offering various benefits that cater to both newcomers and experienced traders. Here are some special features available on the Htxmining platform:

1. Multiple Crypto Staking Options- Users can deal with several cryptocurrencies when dealing with HTXMining. Here are the popular cryptocurrencies used in Htxmining Ethereum (ETH), Solana (SOL), and Polkadot (DOT). The crypto staking rewards you earned through Htxmining are based on network usage and the crypto amount staked.

2. Highly Secure – Security is a top concern in crypto staking, and HTXMining consists of advanced security measures to protect your funds.

3. Expert Team – HTXMining has an expert team of blockchain experts and cryptocurrency staking pros to support you with crypto staking and mining since 2022 to the press.

4. 7×24H Customer Service – HTXMining has a dedicated customer support team to support you with any issue related to the Htxming platform. Ensuring 24/7 assistance whenever you need it, and their support ensures that users receive immediate help.

5. User-Friendly Platform- HTXMining has a user-friendly interface where anyone can easily track their staking rewards and mining earnings.

Conclusion

For investors seeking a stable and profitable way to earn crypto rewards, staking crypto is the better choice. It provides predictable returns, lower risks, and an environmentally friendly approach compared to cloud mining. Platforms such as HTXMining provide a safe and effective means of engaging in staking and mining, offering users flexibility according to their desires.

If you’re interested in maximizing your earnings with crypto-staking rewards, consider exploring HTXMining’s staking options and take advantage of one of the best crypto-staking platforms available today.