Haotian|Mar 14, 2026 12:43
Interestingly, @ MyriadMarkets, which predicts market trends, announced the exclusive settlement currency of USD1, a stablecoin issued by @ worldlibertyfi WLFI, and the migration of the platform to BNB Chain.
What move is this taking?
Firstly, it should be understood that the biggest weakness in predicting the market is actually the fragmentation of liquidity. For the same event, if settlement is made in USDC on Polymarket, other households use USDT, and even some stablecoin tokens.
This will only shred the already fragmented liquidity depth. If some large funds want to enter the market, they may lose their winning rate if they place a smooth order, which undoubtedly sends money to arbitrageurs;
In this context, Myriad gave up on general-purpose stablecoins such as USDC and USDT, and "forcibly" chose the BNBChain ecosystem's emerging stablecoin USD1. The logic behind this is actually very clear.
1) Tighten the strongest narrative: USD1 is backed by projects like WLFI, a Trump family project, with its own political narrative and compliance expectations. Myriad designated it as the sole settlement currency and directly locked this highly active fund in its own pool;
2) Leveraging the strength of retail investors' stronghold: Moving to BNB Chain, the picture shows that there are many retail investors and low gas, which is suitable for aggregating attention around hot topics to make trading positions and attract liquidity;
Let's compare that @ Polymarket takes the route of universal USDC, which has a greater breadth and absolute strength. However, looking at it from a different perspective, it may also lose its "home field advantage" in some small specific ecosystems. On the other hand, @ Kalshi, who has been cautiously following the compliance route from the beginning and entering the market through US dollar fiat currency, has a certain degree of isolation in the liquidity of the pure cryptocurrency native market.
Myriad chose to bind USD1 and BNB, clearly intending to enter the vertical market and differentiate itself by not doing business for everyone, but focusing on the storm eye where attention and hot money are most concentrated.
It can only be said that this move is quite clever, but it's hard to say whether it will work. However, in the highly liquid track of predicting the market, especially in the current situation where Polymarket and Kalshi are firmly locked in liquidity, some newcomers who want to bet on the future must take a different approach. You can't always take the ordinary path, give it a try.
Share To
HotFlash
APP
X
Telegram
CopyLink