Americans traded $571 million on Polymarket politic bets despite U.S. ban
CoinDesk·
60-second summary
Americans are actively trading $571 million on Polymarket's political betting contracts despite the U.S. ban, making them the largest contributor to the platform's activity over the past year. U.S.-linked wallets are focusing on foreign-conflict markets not listed in U.S. venues, highlighting a significant demand for these types of wagers in the country.
U.S.-linked wallets traded $571 million in political contracts over the past year, more than any other country, even though the platform legally cannot serve them. The money leans toward the foreign-conflict markets U.S. venues do not list.