brypto

Polymarket did not entertain fleeting metas and stayed focused on the end state — real user adoption

The ticker is (and has been) $USDC

initial reaction to polymarket news:

1) does anyone know what kind of partnership this is? given JCal's congratulations tweet, i'm inclined to think it is a basic advertising partnership and not an integration partnership.

2) funny a16 says the ticker is $USDC... but US citizens are banned from using polymarket lol

I really liked Nic’s analogy: https://x.com/nic__carter/status/1930626952466927654?s=46

Cryptodollars let everyone leapfrog Eurodollar infra (traditionally gatekept) and get it cheaper, faster and more composable 

The ticker is $USDC precisely because you don’t need to be in the USA :)

the right analogy for stablecoins is starlink for money

starlink brings billions online for the first time // stablecoins bring billions into a flat, egalitarian financial system + give billions first time access to USD 

the utility of both is not that apparent if you have

nic carter

helping build farcaster | surfing @ venice, ca | eating @ gjusta / gjelina | “lucky me, lucky mud” 🤠

friendly neighborhood shitcaster // working on @pinetree

i agree with you on the value of stablecoins as starlink for money, but would be more apt to have $EURC as the ticker and not $USDC given people who use the underlying asset of USDC every day can't legally participate in the platform.

Much more people globally want to hold and transact in USD vs EUR

Stay Curious // iixii // Head of Crypto at https://www.lazertechnologies.com/  // Prev: CoinDesk, Roc Nation // based @basedevo

guys i know i'm not stupid i worked at a bank and then in defi with investors all over the world

the point is that it's ironic that polymarket prices in USD but US citizens are banned / blocked from using it on US soil

like you have to admit that's kinda ironic