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Regulation

Why Dexsport's Prediction Markets Settle Only in Stablecoins

Image: Crypto Daily

Suppose a prediction market paid winners in Bitcoin. You buy 100 Yes shares, the event goes your way, and your payout comes a week later. By then Bitcoin has dropped 10%, and part of a correct forecast has vanished with it. Dexsport avoids that problem by design. Dexsport prediction markets accept and pay out only in stablecoins, so a correct share is worth a dollar when you buy it and a dollar when it settles. The rule looks restrictive at first. Below: why stablecoins, what the rule protects, and what it means for anyone who holds other coins.

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