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Polymarket announces that it will upgrade its trading platform on April 28th, during which trading will be paused for approximately 1 hour.
This upgrade includes the new generation trading contracts (CTF Exchange V2), reconstruction of the order book, and the introduction of a new collateral token system.
After the upgrade, the platform will migrate from USDC.e to the new collateral token pUSD (Polymarket USD), which is an ERC-20 asset on Polygon and is supported on-chain 1:1 by USDC.