Stablecoin Information
pUSD is Polymarket's USD-pegged settlement coin on Polygon, backed 1:1 by USDC. It is used as the collateral and settlement currency for Polymarket prediction markets.
Category:crypto-backed
Minting and Redemption
pUSD is minted 1:1 by depositing USDC into Polymarket and is redeemed 1:1 back to USDC when funds are withdrawn.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | -2.23% | -0.74% | -20.86% | 457.14m |