CandleFocus Crypto stablecoin deposits coming to Kalshi’s markets
2024-10-23
Author: Content Editor
Kalshi, the event outcome speculating website, plans to add support for USD Coin (USDC) deposits, making it the second-largest stablecoin after Tether. The feature could be available before the U.S. presidential elections in under two weeks. Kalshi also hinted at an integration with Elon Musk's social media network X, as Musk has referenced Kalshi's election odds on his personal account. Kalshi aims to attract U.S. users and American cash flow, competing with prediction market leader Polymarket. The platform also faces new competition from crypto-native providers like SoulBound and Wintermute.
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