"Kalshi's introduction of USDC as a funding option enables faster and cheaper transactions, positioning it to competitively challenge Polymarket in political betting markets."
"Despite being a newer entrant, Kalshi has garnered nearly $85 million in bets whereas Polymarket has achieved over $2.6 billion, highlighting the competitive landscape of political prediction markets."
"Kalshi's founders launched the platform in 2018 and navigated regulatory challenges to finally offer political contracts, including the presidential race, only recently."
"Polymarket's controversial approach led to regulatory issues that resulted in significant penalties, which demonstrates the complex dynamics within the U.S. political betting market."
Collection
[
|
...
]