According to Odaily Planet Daily, the US presidential election has attracted a large number of bets on the cryptocurrency gambling website Polymarket, and the platform is currently undergoing upgrades to handle the influx of funds.
It is reported that Polymarket intends to use MoonPay's software to allow users to pay for transactions using bank transfers and credit cards. Currently, bettors can buy stablecoins USDC on cryptocurrency exchanges and transfer them to Polymarket before placing bets.
