DC Crypto Policy Bootcamp: First Round of Invites Sent
DC Crypto Policy Bootcamp: First Round of Invites Sent
🤫 Crypto's DC Invasion
The first round of invites for the DC Crypto Policy Bootcamp on October 24th has been sent out. There's still one week left to apply for this event, which aims to educate the industry on government and vice versa.
Key points:
- Co-hosted by Polygon Labs, Solana Foundation, Wormhole Foundation, and Stand With Crypto
- Part of a two-series initiative: 1. Pre-election: Industry advocacy mobilization 2. Post-election: Educational effort for Congress
To apply:
- Be in Washington D.C. on Oct 24th
- Have interest in blockchain advocacy
- Want to advance policy landscape
Submit your application: [Google Form Link]
The organizers look forward to welcoming participants and advancing policy discourse.
The OGs are back together 🫡 Thrilled to have @SolanaFndn AND @WormholeFdn joining Polygon Labs and @standwithcrypto as co-hosts for our DC Crypto Policy Bootcamp on October 24th.
Polygon Labs and @standwithcrypto are teaming up for the next Crypto Policy Bootcamp. A two-part series (soon!) to educate the industry on the gov't and the gov't on the industry (and just in time for the U.S. elections 💥):
First round of invites have gone out for the October 24th DC Crypto Policy Bootcamp! One week left to let us know you’re interested in attending. Submit your app now: docs.google.com/forms/d/e/1FAI… Polygon Labs, @SolanaFndn, @wormholeFdn and @standwithcrypto look forward to welcoming
The OGs are back together 🫡 Thrilled to have @SolanaFndn AND @WormholeFdn joining Polygon Labs and @standwithcrypto as co-hosts for our DC Crypto Policy Bootcamp on October 24th.
Polygon, Frax, and Curve Launch Onchain FX Markets for Global Currency Swaps
Polygon Labs, Frax Finance, and Curve Finance have launched onchain foreign exchange liquidity pools, enabling users to swap between global currencies directly onchain. **Key Features:** - Six global stablecoin pairs now live on Polygon - frxUSD serves as the base dollar pairing - Lower all-in costs compared to traditional cross-border payment rails - Transparent pricing and instant settlement - Open access for any company Users can swap currencies or provide liquidity to earn rewards alongside major non-USD stablecoin issuers. The pools are deployed on Curve's Polygon liquidity infrastructure. This infrastructure aims to bring global currencies onchain with deep liquidity specifically designed for cross-border payments. [Read the full integration details](https://polygon.technology/blog/polygon-labs-frax-and-curve-finance-launch-onchain-fx-markets)
🌍 Hydrex Launches Multi-Currency FX Markets with Seven Fiat-Backed Pairs
Hydrex has launched a new foreign exchange market featuring seven fiat-backed currency pairs, all paired against frxUSD (Frax USD) as the base stablecoin. **Live Trading Pairs:** - BRZ (Brazilian real) - KRWQ (Korean won) - IDRX (Indonesian rupiah) - tGBP (British pound) - AUDF (Australian dollar) - USDT (US dollar) The platform builds on frxUSD's established liquidity model, which has become a default pairing in DeFi through Treasury yield incentives. Hydrex and DFB are now extending this productive liquidity approach to global FX markets. Incentives and gauges are currently active, with additional currency pairs under development. This expansion represents a move toward bringing traditional foreign exchange trading infrastructure into decentralized finance.
Polygon Chain Deploys Third Mainnet Upgrade in Four Months
Polygon Chain has deployed the **Giugliano Upgrade** to mainnet, marking its third major upgrade in four months. **Key improvements include:** - Transaction finality reduced by 2 seconds for payment applications - P2P throughput increased 4x under network load - Enhanced gas fee transparency for on-chain transactions The upgrade focuses on strengthening Polygon's payment infrastructure capabilities with faster confirmations, predictable fees, and improved network resilience. [Read full details](https://polygon.technology/blog/giugliano-upgrade-faster-confirmations-predictable-fees-and-a-more-resilient-network-for-polygon-chain)
T-REX Builds Dedicated Chain for Tokenized Securities Using Polygon CDK
T-REX has chosen Polygon CDK to build a custom blockchain specifically for tokenized securities. **Key reasons for the decision:** - **Institutional-grade compliance** - CDK enables dedicated blockspace with custom controls and built-in privacy features - **Capital markets infrastructure** - The platform is designed to match how traditional capital markets actually operate - **Ecosystem connectivity** - Direct integration with all chains in the Agglayer ecosystem - **Regulatory tooling** - Access to compliance tools and security options required for regulated securities The move reflects growing demand for purpose-built blockchain infrastructure in traditional finance, where generic chains may not meet strict regulatory requirements.
Polygon's Busy Week: Zero-Fee Onramps, Private Mempool, and $300M+ in Cross-Chain Volume
**Key Developments This Week:** - **MoonPay** launched zero-fee stablecoin onramps for AI agents - **Polymarket** expanded into traditional asset markets using Pyth Network price feeds - **Mayan** has processed over $300M in cross-chain volume on Polygon to date - **TokenPocket** now supports zero-gas USDC transfers **Infrastructure Updates:** Polygon introduced a **private mempool** to improve transaction privacy and reduce MEV extraction. Polygon Labs also joined the x402 foundation under the Linux Foundation. **New Launches:** - Surf Liquid: stablecoin savings vaults - Rise Pay: onchain payroll solution - Euclid Protocol and Pagga both deployed on Polygon - BlockOps: bringing African financial infrastructure onchain These updates build on last month's Lisovo upgrade, which brought $1M in subsidized gas for agent payments and improved smart contract compatibility. Polygon continues expanding its stablecoin ecosystem, which recently hit a record $3.28B in supply.