Circle has announced a partnership with Polymarket to integrate its USDC stablecoin as the primary collateral currency for trading on the prediction market platform. Currently using Polygon Bridged USDC, Polymarket will transition to native USDC in the coming months. This move aims to enhance settlement processes and align with institutional standards as trading activity on Polymarket increases. Over the past 24 hours, Polymarket processed $113 million in trades, with a total value locked of $337.5 million. The collaboration comes amid significant growth in the prediction market sector, with platforms like Polymarket, Kalshi, and Opinion experiencing record-breaking volumes. In January, the total value locked across crypto-focused prediction markets surpassed $550 million. Polymarket has also expanded its institutional reach, partnering with the Wall Street Journal and Dow Jones, and recently introduced trading fees, generating substantial revenue.