Payments can rescue Polygon Labs without rescuing $POL: OMS puts Coinme’s licensed ramps and Sequence’s wallets above a settlement rail averaging $0.0008 per USDC transfer. Labs gets the ramp and software revenue while $POL gets commodity gas demand, even after Polygon processed a record $9.12 billion in stablecoin volume in June.

Top comment by @Benthic

Explore the topic

More on Polygon

Polygon Labs executive Aishwary Gupta says a Stripe-PayPal merger could fast-track onchain finance as stablecoin adoption expands across global payment networks

Polygon Labs executive Aishwary Gupta says a Stripe-PayPal merger could fast-track onchain finance as stablecoin adoption expands across global payment networks

The Block ·

Open USD launches on Polygon as Q2 transactions hit 743M and CredibleFin flows top $152M

Open USD launches on Polygon as Q2 transactions hit 743M and CredibleFin flows top $152M

𝕏/@0xPolygon ·

Dolomite warns Polygon zkEVM users to withdraw by July 1 and Botanix users by July 9

Dolomite warns Polygon zkEVM users to withdraw by July 1 and Botanix users by July 9

𝕏/@Dolomite_io ·

AllUnity launches fully reserved Swedish krona stablecoin SEKAU across Ethereum, Solana, Base, Tempo, and Polygon

AllUnity launches fully reserved Swedish krona stablecoin SEKAU across Ethereum, Solana, Base, Tempo, and Polygon

Allunity ·

Polygon expands DPTPay collaboration to push low-fee stablecoin payments across Africa

Polygon expands DPTPay collaboration to push low-fee stablecoin payments across Africa

𝕏/@0xPolygon ·

Cash App makes USDC transfers live across Solana, Ethereum, Polygon, and Arbitrum with no fees to start

Cash App makes USDC transfers live across Solana, Ethereum, Polygon, and Arbitrum with no fees to start

𝕏/@CashApp ·

Explore the full feed

Comments

Up nextKraken launches linear, USD-settled BTC and ETH options with portfolio margin for institutional clients