Tag: Polygon
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Polygon Selected by Bank of England for Digital Pound Lab Stablecoin Test
The Bank of England has selected Polygon Labs, NOBO Finance and Dun & Bradstreet for Phase 2 of its Digital Pound Lab, where the group is testing how stablecoins and a potential digital pound could work together in cross-border trade finance. For the Polygon community, this is worth watching because the experiment is focused on…
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Polygon Announces New Wave of Stablecoin, Identity and RWA Developments
Polygon has announced a series of ecosystem developments spanning network upgrades, stablecoin infrastructure, decentralized identity, payments, and real-world asset applications as the blockchain continues its push toward becoming a broader settlement layer for digital services. The updates include the activation of the Ithaca hard fork, the arrival of new stablecoin integrations, expanded enterprise payment solutions,…
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Polygon Powers New Stablecoin Rewards Program for One of Japan’s Largest Utility Companies
Polygon has expanded its presence in Japan’s digital payments sector after MOACT, the rewards subsidiary of Kansai Electric Power, launched a new loyalty program that allows customers to convert reward points into the yen-backed stablecoin JPYC on Polygon. Beginning July 30, users can exchange NORM Points earned through social contribution activities for JPYC, which can…
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Polygon Expands AI Strategy by Joining the x402 Foundation
Polygon has joined the newly launched x402 Foundation, becoming one of more than 40 organizations working to develop open standards for internet-native payments. The initiative, announced by the Linux Foundation, aims to solve a challenge that is becoming increasingly important as artificial intelligence evolves: enabling AI agents and internet applications to send and receive payments…
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Polygon Integrates PayPal USD to Boost Cross-Border Stablecoin Transactions
Polygon has announced that PayPal USD (PYUSD), the U.S. dollar-backed stablecoin issued by Paxos, is now available natively on Polygon Chain. The integration marks another milestone in the growing adoption of regulated stablecoins, giving businesses access to compliant cross-border payments through Polygon’s Open Money Stack (OMS). The launch allows developers and enterprises already using Polygon’s…
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POL Token Burn Reaches 107M as Polygon Transaction Volume Surges
Sandeep Nailwal has stated that the Polygon network has become “net deflationary” in 2026, citing on-chain activity that he says reflects strong network usage and increasing fee burns across the ecosystem. In a post shared on social media, Nailwal claimed that approximately 107 million units of POL were burned during the year, while roughly 105…
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Polygon Staking: A Complete Guide to Earning Rewards with POL
Polygon has become one of the most recognized blockchain ecosystems in the crypto industry. Known for its fast transaction speeds, low fees, and growing ecosystem of decentralized applications, Polygon continues to attract users, developers, and investors. Staking offers holders of Polygon’s native token, POL, an opportunity to earn rewards while helping secure the network. Whether…
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Polygon Powers New Institutional Debt Infrastructure With Regulated EUR 5M Issuance
Polygon is continuing its aggressive expansion into institutional finance as Assetera and Deploi officially launch direct issuance infrastructure for private credit on the network. The initiative introduces regulated digital debt issuance tied to consumer credit assets, representing another major step in the migration of traditional capital markets onto blockchain infrastructure. The first issuance series, identified…
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Polygon Unveils a Privacy Upgrade for Institutions With Ethereum Access
Polygon has introduced a major new privacy-focused upgrade for Polygon CDK, allowing institutions to launch confidential blockchain networks while still maintaining access to Ethereum liquidity, cross-chain connectivity, and broader onchain financial infrastructure. The announcement arrives as institutional interest in blockchain infrastructure continues accelerating globally, particularly among banks, payment providers, asset managers, and enterprises seeking compliant…
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Polygon Rolls Out “Privately Send” Option for USDC and USDT Payments
Polygon has launched a new privacy-focused payment feature that allows users to send shielded stablecoin transactions using USDC and Tether (USDT). The update introduces a “Privately Send” option within the Polygon wallet, enabling transactions that conceal key details from public blockchain visibility while still operating on a non-custodial system. Related: Meta Expands Stablecoin Payouts on…
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