Key highlights:
- Myriad adopts USD1 stablecoin as its first base settlement asset, launching new markets on BNB Chain.
- The protocol plans to transition fully to USD1 on BNB Chain in early 2026.
- USD1-backed “Candles” markets offer automated, fast-paced trading exclusively to users outside the U.S.
USD1 becomes Myriad’s standard for BNB Chain prediction markets
Prediction market platform Myriad has integrated World Liberty Financial’s stablecoin USD1 as its core settlement asset, marking the first time a prediction market has adopted the digital dollar as its base currency. The rollout begins January 14 with Myriad’s Candles product and forms part of a broader shift to consolidate liquidity on BNB Chain.
The USD1 markets are designed to support shorter trading cycles and quicker resolutions, offering users a simplified interface for engaging with prediction-based products. These initial USD1-denominated pools will be available only to users outside the United States.
This marks a strategic shift for Myriad, which intends to migrate all BNB Chain-based prediction markets to USD1 as the exclusive base asset within the first quarter of 2026. The move is expected to streamline operations, unify market infrastructure, and improve liquidity for traders.
A new role for stablecoins in decentralized finance
USD1 is issued by World Liberty Financial, a decentralized finance platform that emphasizes user accessibility and governance, with a mission inspired by former President Donald J. Trump.
Introducing Candles: prediction markets designed for speed
Alongside the integration of the stablecoin, Myriad is debuting a new market structure called Candles. These markets will feature short-duration trades, continuous liquidity, and automated resolution, making them suitable for high-frequency participation. According to the announcement, Candles markets are being rolled out first and will serve as a testing ground for the platform’s phased expansion in early 2026.
Additional formats and advanced functionalities are planned for release later in the year. Technical specifications will be shared closer to launch dates, suggesting an ongoing product evolution.
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The bottom line
With its move to USD1, Myriad is aligning itself with a growing demand for stable, transparent, and accessible DeFi tools. The integration not only supports Myriad’s expansion on BNB Chain but also signals a larger trend toward dollar-denominated trading environments within decentralized ecosystems. As more stablecoins enter practical use across DeFi, the prediction market space may become a key area for broader adoption.
Source: https://coincodex.com/article/80126/myriad-launches-usd1-market-on-bnb/
