According to Odaily, the ongoing US presidential election has led to a significant increase in betting activity on the cryptocurrency betting platform Polymarket. In response to the influx of funds, Polymarket is currently undergoing upgrades to handle the increased volume. The platform plans to integrate software from MoonPay, which will enable users to make transactions using bank transfers and credit cards. Presently, bettors can purchase the stablecoin USDC on cryptocurrency exchanges and transfer it to Polymarket before placing their bets.