- Kalshi reaffirmed USDC-only deposits.
- No official Solana support announcement.
- Market impact: minimal due to USDC focus.
Kalshi, a US-based prediction market platform, recently drew attention due to rumors of Solana (SOL) deposits. The platform clarifies that only USDC is accepted, per official guidance.
Kalshi’s emphasis on USDC-only deposits highlights the company’s commitment to regulatory clarity, with no immediate Solana market impact noted.
Kalshi’s recent focus involved clarifying its cryptocurrency deposit policy. Despite speculation, the company reaffirms that it accepts only USDC for deposits, stressing legal and technical consistency.
Kalshi’s founders, Tarek Mansour and Luana Lopes Lara, are known for their advocacy in US prediction markets. The company reiterates its partnership with Zero Hash for processing and clarifying USDC-only funding.
Kalshi maintains regulatory compliance with CFTC guidelines, focusing solely on USDC, reducing the potential for regulatory complications associated with SOL deposits.
Kalshi’s decision echoes historical precedents where platforms choose specific crypto assets to comply with regulations. Without Solana’s support, notable financial or technological changes remain unlikely.
Kalshi’s infrastructure supports major liquidity using USDC, appealing primarily to institutional traders.
“USDC only (no other cryptocurrencies are accepted at this time)” ― Tarek Mansour, CEO, Kalshi, indicating the strict deposit policy regarding cryptocurrencies.
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