Polygon labs


Finance

Revolut Enlists Polygon for Stablecoin Remittances in UK and EEA

Revolut customers in the UK and non-European Union EEA countries can do crypto remittances in USDC, USDT, and POL.

Revolut app

Finance

Flutterwave, Africa's $31B Payment Provider, Taps Polygon for Cross-Border Payments

The deal will roll out faster, low-cost payments for global firms such as Uber in more than 30 countries in Africa.

Globe showing Africa (James Wiseman/Unsplash, modified by CoinDesk)

Finance

Polygon, Standard Chartered Enlisted for AlloyX Tokenized Money Market Fund

New product offers stablecoin users regulated yields while linking DeFi strategies with traditional finance.

Hong Kong Harbor (Shutterstock/Modified by CoinDesk)

Tech

Polygon Spin-Off Miden Secures $25M to Bring Speed, Privacy to Institutional Giants

The funding round was led by a16z crypto, 1kx and Hack VC.

Funds rising (Darío Martínez-Batlle/Unsplash)

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Markets

Mercado Bitcoin, Polygon Labs Look to Issue $200M Worth of Tokenized Assets in Latin America

The collaboration aims to expand access to tokenized private credit and other real-world assets in the region.

Brazil

Tech

Indian Telecom Giant Jio Joins Hands With Polygon to Bring Web3 to Over 450M Users

Polygon's CEO hailed the partnership as a significant step forward for Web3 adoption in India.

Indian billionaire Mukesh Ambani (YouTube)

Tech

Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain

Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.

Ethereum itself is made up of several layers. (Annie Spratt/Unsplash)

Tech

Polymarket Is a Success for Polygon Blockchain – Everywhere But the Bottom Line

One of the major breakout successes this year for the team behind layer-2 blockchain Polygon is Polymarket. But according to data, Polymarket has only brought in about $27,000 of transaction fees for Polygon PoS in 2024.

Cumulative gas fees Polymarket on Polygon PoS in 2024 have totaled just over $27,000 this year, through Oct. 23. (Token Terminal)

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Tech

Polygon Begins Token Swap, in Move to Allow More Issuance

The migration from Polygon's MATIC token to POL will also bring in some tokenomics changes with a new emission rate of 2% annually.

Polygon Labs CEO Marc Boiron (Polygon Labs)

Tech

Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC

The migration to POL from MATIC will also bring in some tokenomics changes with a new emission rate of 2% annually.

Polygon Labs CEO Marc Boiron (Polygon Labs)

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