“Yes” shares for Harris were trading at 52 cents on the crypto-based betting platform Monday during U.S. morning hours, meaning the market sees a 52% chance she will win the presidency. Each share pays out $1 in USDC, a stablecoin, or cryptocurrency that trades at par with the U.S. dollar, if the prediction comes true, and zero if not. Trump shares were changing hands at 45 cents.
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Sam Reynolds
https://www.coindesk.com/news-analysis/2024/08/12/kamala-harris-pulls-well-ahead-of-trump-on-polymarket/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-08-12 13:32:04