“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.
Related posts
-
A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve
If the United States boldly leaps into action with a strategic bitcoin reserve under the Trump... -
Solana MVRV Signals More Gains Ahead Amidst Market Downturn: Glassnode
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While... -
What Lies Ahead For ETH?
Este artículo también está disponible en español. Due to yesterday’s crypto market rout, Ethereum (ETH) has...