Polymarket will upgrade its exchange within 2-3 weeks, replacing USDC.e with Polymarket USD.

CoinFeed reported on April 7th that the Polymarket team announced a full upgrade of its exchange architecture to CTF + CLOB v2 within the next 2-3 weeks, launching CTF Exchange V2 and a new collateral token, Polymarket USD. This upgrade will optimize order structure, matching efficiency, and fee allocation, and support 1271 signatures and on-chain order attribution codes. Furthermore, Polymarket will migrate from USDC.e to the new collateral token, Polymarket USD, which is 1:1 backed by USDC. Regular users can automatically wrap the tokens through the front-end interface, while API users need to manually do so using the `wrap()` function of the Collateral Onramp contract.