PayPal USD Launches Natively on Polygon Chain
PayPal USD Launches Natively on Polygon Chain
💵 PayPal's stablecoin finds home
PayPal USD (PYUSD), an OCC-regulated stablecoin issued by Paxos, is now available natively on Polygon Chain and integrated into the Open Money Stack.
Key Details:
- PYUSD enables cross-border payments with fast, low-cost transactions on Polygon's infrastructure
- The integration provides unified access to payins/payouts, wallets, and cross-chain orchestration
- Polygon processes over $2.5 billion in daily stablecoin volume and recorded 198 million stablecoin transactions in May
- Use cases include international transfers, onchain payments, and B2B transactions
The launch positions PYUSD within Polygon's growing payments ecosystem, which recently saw Credible surpass $152M in payment volume across multiple countries.
The payments chain, defined. How we’ve been upgrading Polygon Chain for faster throughput, lower fees, and enterprise-grade controls so businesses can move more money: polygon.technology/blog/we-built-…
$152M+ and counting. @crediblefin is moving money between the US, India, Brazil, Germany, and dozens of other corridors, all settling on Polygon.
A stablecoin designed as shared infrastructure. Open USD returns reserve economics to the businesses distributing it. OUSD is coming to Polygon. We're excited to help even more businesses build on internet-native rails at scale.
Introducing Open USD: a stablecoin built for the internet economy, designed by the businesses growing it. joinopenstandard.com/blog/introduci…
PayPal USD is an OCC-regulated stablecoin issued by @Paxos, giving it the compliance profile enterprise teams look for. Now it can be used for payments on Polygon, settling on the default chain for stablecoin transactions globally, with more than $2.5 billion in stablecoin
A regulated stablecoin built for payments, live on the chain built to settle it, integrated into the unified stack built to move money globally. Learn more about the announcement: polygon.technology/blog/paypal-us…
198 million stablecoin transactions in May. $80B in volume. Polygon is the #1 chain by stablecoin transaction count. @Crypto_Briefing: cryptobriefing.com/polygon-80b-st…
NEW: @PayPal USD (PYUSD) is now issued natively on Polygon Chain and built into the Open Money Stack. Send a stablecoin built for payments across borders, and settle it on the chain already doing billions in payments volume every day.
Here's what you missed this week on Polygon: ■ @openstandard launches Open USD stablecoin with Polygon as a supported network ■ @crediblefin crosses $152M+ moved across US, India, Brazil, Germany on Polygon ■ @katana marks one year since mainnet launch on Polygon CDK and
A stablecoin is only as useful as the places it can go and now we’re enabling regulated onchain dollars to move across borders in one unified integration through the Polygon OMS. Customers will soon be able to build with native PYUSD, to take money in, move it across borders,
PYUSD on Polygon combines fast, low-cost transactions on programmable rails with a stable, regulated digital dollar, making it ideal for international transfers, onchain payments, B2B payments, and many other financial use cases. It is also now integrated into apps inside and
Global businesses need money that moves at their speed. This is why Credible chose Polygon for payments: polygon.technology/blog/credible-…
EVEDEX Launches on Polygon with 24/7 Trading
**EVEDEX has officially launched on Polygon**, bringing continuous trading capabilities to the network. The platform offers: - Perpetual futures (perps) - Real-world assets (RWAs) - Commodities All assets are **tradable 24/7** with settlement occurring on sub-cent transaction rails, making trading more cost-effective for users. This launch expands Polygon's DeFi ecosystem by adding a multi-asset trading venue with low-cost settlement infrastructure.
Polygon Releases Playbook: How Stablecoins Cut Marketplace Payout Costs
Polygon has published a playbook addressing a structural problem in marketplace and gig platform economics: **traditional payment rails cost platforms money on every payout**. The issue stems from legacy banking infrastructure designed for bank-to-bank transfers, not for platforms distributing payments to thousands of individual sellers or workers. **Key points:** - Current payment systems create losses for platforms at scale - Stablecoins offer an alternative payment rail - The playbook outlines implementation strategies for platforms This follows recent data from Circle showing corporate finance teams increasingly adopting stablecoins for: - Creator and contractor payouts - Supplier settlements - Cross-border B2B transactions The shift represents a practical response to cost and efficiency limitations in traditional payment infrastructure. [Read the full playbook](https://info.polygon.technology/the-marketplace-stablecoin-playbook?utm_source=ABM&utm_medium=Organic_social&utm_campaign=marketplace_playbook&utm_content=X)
🔒 Private Chains
Polygon CDK now enables organizations to build **private blockchains** customized to their specific requirements while keeping transaction data within their own infrastructure. Key features: - Full control over blockchain configuration - Transaction data remains internal - Native access to Open Money Stack for payments and liquidity - Suitable for tokenized deposits, settlement, and stablecoin infrastructure This solution bridges the gap between privacy requirements and blockchain connectivity, allowing institutions to maintain data sovereignty while accessing broader ecosystem tools.
Credible Processes $152M in Cross-Border Payments on Polygon
**Credible**, a global payments platform, has surpassed **$152 million in total payment volume** on Polygon's blockchain network. The platform facilitates cross-border transactions between multiple countries, including: - United States - India - Brazil - Germany - Dozens of other international corridors Credible selected Polygon for its payment infrastructure due to the network's ability to handle transactions at the speed required by global businesses. All settlements are processed on-chain through Polygon. Read more: [Credible races past $152M total payments volume on Polygon](https://polygon.technology/blog/credible-races-past-152m-total-payments-volume-on-polygon)