🏦 HIFI Processes Over $227M in Settlements Through Polygon and Circle Networks
🏦 HIFI Processes Over $227M in Settlements Through Polygon and Circle Networks
💰 HIFI settles $227M+
HIFI has settled more than $227 million since January 2025, according to a case study published by Polygon.
The payment infrastructure platform has been leveraging both Polygon's network and Circle's Payment Network (CPN) to facilitate cross-border transactions. As of March 2026, HIFI had processed:
- Over $100M through Circle Payments Network
- More than $500M in USDC total volume
The platform enables developers to build stablecoin-native applications for remittances, payroll, marketplace payouts, and treasury workflows. Through CPN, HIFI can activate new payment routes via a single network connection, providing compliant connectivity for moving money across borders.
$227M+ settled since January 2025. Full story → polygon.technology/oms-customer-s…
Polygon Open Money Stack Offers Full Transaction Visibility Across Payment Layers
Polygon has launched the Open Money Stack, a payment infrastructure that provides complete transparency into cross-border transactions. **Key Features:** - Full visibility into transaction routing from initiation to settlement - Interactive tracking through stablecoin conversion and chain routing stages - Fiat-to-stablecoin conversion on both ends of transactions - Settlement completed in seconds at minimal cost The system addresses a common pain point in traditional payment rails, which typically obscure the intermediate steps between sending and receiving funds.
Polygon Joins x402 Foundation to Establish Open Internet Payment Standards
Polygon has announced its membership in the **x402 Foundation**, a newly-formed organization focused on creating neutral, open standards for internet payments. **Key Points:** - The foundation aims to make online payments **open, free, and effortless** - Serves as a neutral space where competitors and different payment methods collaborate - Focus on developing open standards for **AI agentic commerce** - Brings together various players in the payment ecosystem to work on shared protocols The x402 Foundation represents an industry effort to standardize how payments function across the internet, particularly as AI-driven commerce becomes more prevalent.
Fortune 100 Companies Using Polygon for Payroll Settlement
**HiFi Bridge**, led by CEO Zach Walsh, is processing payroll for Fortune 100 company treasuries using **Polygon** for settlement. This follows a growing trend of enterprise adoption of blockchain for payments: - Rise Pay previously chose Polygon for global team payroll, citing faster and cheaper cross-border payments - Stablecoins are increasingly becoming the default for international payroll operations - Major corporations are trusting public blockchain infrastructure for critical financial operations The move signals mainstream enterprise confidence in Polygon's network for high-value, time-sensitive transactions.
GondorFi Launches First Margin Trading Account for Polymarket on Polygon
**GondorFi v1 has officially launched as the first margin account solution for Polymarket**, operating on the Polygon network. This development enables traders to leverage their positions on Polymarket, the decentralized prediction market platform. The integration with Polygon provides: - Lower transaction costs for margin trading - Faster settlement times - Access to Polymarket's existing infrastructure of 1.4M Safe accounts The launch represents a significant expansion of trading capabilities within the prediction markets ecosystem, allowing users to amplify their market positions while maintaining the security benefits of Polygon's Layer 2 scaling solution. [Learn more about GondorFi](https://twitter.com/gondorfi)