By Emily Nicolle
The turbulent US presidential election flooded crypto betting site Polymarket with so many bets that it updated the platform to handle the growing volumes of incoming funds.
Polymarket will begin integrating Miami-based MoonPay software, which will allow users to pay for their bets with bank and credit card transactions, the corporations announced Wednesday. Lately, stakers buy USDC stablecoin on a crypto exchange and move it to Polymarket before placing bets.
The driving force behind those frenzied bets is an election in which one candidate, Donald Trump, has already suffered an assassination attempt, shortly before outgoing President Joe Biden retires. . .
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