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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pUSD is minted 1:1 by depositing USDC into Polymarket and is redeemed 1:1 back to USDC when funds are withdrawn.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
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.40% | +5.85% | +1.57% | 508.66m |