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pUSD is minted 1:1 by depositing USDC into Polymarket and is redeemed 1:1 back to USDC when funds are withdrawn.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 | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.76% | +1.31% | +2.56% | 490.45m |