🪙 Penny's End

**Mastercard has selected Polygon** as its blockchain partner to launch username-based transfers for self-custody wallets through the **Mastercard Crypto Credential** program. **Key Features:** - Users receive verified usernames instead of complex wallet addresses - One-time onboarding process with instant asset transfers - Eliminates need to copy hexadecimal wallet strings - Works across all wallet types **Partnership Structure:** - **Mercuryo** handles user verification and credential issuance - **Polygon** provides the underlying blockchain infrastructure - Focus on payments with low-cost, scalable solution This initiative aims to simplify crypto transactions by replacing difficult-to-remember wallet addresses with user-friendly names, making digital assets more accessible to mainstream users.

**Stableport** has launched on Polygon to address slow global payment systems. The platform enables: - Fast stablecoin transfers worldwide - Low-cost transaction fees - Instant settlement capabilities **Key Benefits:** - Eliminates traditional payment delays - Reduces cross-border transfer costs - Leverages Polygon's scalable infrastructure This builds on previous developments with Stripe's stablecoin integration, which brought single-address support across multiple chains and currencies. The solution targets the growing demand for efficient international payments, offering an alternative to traditional banking systems that can take days to process transfers.

**Revolut reaches $775M in transactions processed on Polygon** with momentum continuing to build. The fintech giant has been steadily increasing its blockchain activity, showing **consistent growth** from $690M just days earlier. - Payment processing remains strong - Trading and staking services active - No signs of transaction volume slowing Data tracked via [Dune Analytics](https://dune.com/obchakevich/polygon-pos-payments) shows the **sustained adoption** of Polygon's network for Revolut's crypto operations. This milestone demonstrates how traditional financial services are **integrating blockchain infrastructure** for everyday transactions.

**Polygon is bringing Devcon 8 to Mumbai, India** - marking a significant homecoming for the Ethereum scaling platform. The announcement comes as part of Polygon's expanded presence in India, following: - 8 successful Polygon Guild meetups - A month-long hackathon - The flagship #PolygonConnect event **Mumbai will host the major blockchain conference**, continuing Devcon's tradition of rotating global locations. This represents a major milestone for India's growing crypto ecosystem. The event builds on Polygon's "DevX Global Tour" initiative, cementing India as a key hub for blockchain development and innovation.