Polymarket plans to upgrade its trading system and launch its native stablecoin, Polymarket USD

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ME News message: On April 7 (UTC+8), it is predicted that Polymarket, the trading platform, will undergo major upgrades to its trading system within the coming weeks. These upgrades include rebuilding the trading engine, introducing a new order book structure, and introducing the native stablecoin Polymarket USD. The core of this upgrade is the launch of Polymarket CTF Exchange V2, which will optimize matching efficiency, reduce the operations required for order validation and matching, and lower Gas costs. Meanwhile, the new order data structure will streamline the number of fields to improve overall execution efficiency. V2 will also introduce an upgraded Centralized Limit Order Book (CLOB), combining an off-chain order book with an on-chain execution mechanism.

On the asset layer, Polymarket will launch Polymarket USD supported 1:1 by USDC, gradually replacing the cross-chain asset USDC.e currently in use. In addition, the platform will support the EIP-1271 standard, enabling smart contract wallets (such as multi-signature wallets) to directly participate in trading. During the upgrade, the existing order book will be cleared and will enter a brief maintenance window. (Source: Foresight News)

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