Polygon Ecosystem Advances with L2 Restaking Platform
Polygon Ecosystem Advances with L2 Restaking Platform
🌊 Polygon's Scaling Wave
Swell Network is developing a Layer 2 restaking platform utilizing Polygon's Cosmetic Diffusion Kernel (CDK) and integrating with the Aggregation Layer. This innovation is facilitated by collaborations with Alt Layer, Eigen, and Chainlink. The Polygon ecosystem continues to push the boundaries of decentralized finance scalability and efficiency through zero-knowledge technology.
The aggregation wave continues 🌊 @swellnetworkio is developing a L2 restaking platform with Polygon CDK and plugging into the AggLayer. made possible by @alt_Layer, @eigen_da and @chainlink Innovation in the Polygon ecosystem is next-level, enhancing DeFi scalability and
Swell is building the L2 for restaking!✨ Swell's very own zkEVM—powered by @0xPolygon CDK and built in collaboration with @eigen_da and @Alt_Layer—will be underpinned by @Chainlink services to help kickstart dApp adoption. The revolution begins here: swellnetwork.io/post/restaking…
Chainlink Joins Open Transaction Layer as Founding Partner
Chainlink has announced its role as a founding partner in the **Open Transaction Layer (OTL)** through the Baseline Protocol Consortium. The initiative addresses a critical infrastructure gap: while blockchain networks scale, they need a **coordination layer** to manage: - Identity verification - Compliance requirements - Transaction messaging This builds on Chainlink's previous focus on interoperability solutions like LayerZero, Stargate, and Superchain. The OTL aims to provide standardized infrastructure for enterprise blockchain adoption. Learn more at [otl.network](http://otl.network)
Cash App Brings USDC Payments to 57M+ Users via Polygon
Cash App has integrated Polygon for stablecoin payments, giving its 57 million+ users access to USDC transactions on the network. **Key Features:** - Users can add a wallet address directly in Cash App to send and receive USDC on Polygon - Integration works within the existing Cash App interface - Enables low-cost, fast stablecoin transfers for mainstream users This follows recent Polygon integrations with DPT Pay for card payments and Deel for global payroll in stablecoins across 100 countries. [Read the full guide](https://polygon.technology/blog/how-to-send-and-receive-stablecoins-in-cash-app-on-polygon)
🔒 Mystery Security Engagement Announced
A groundbreaking security initiative is on the horizon, described as a **first-of-its-kind engagement**. The announcement calls for researchers and auditors to participate, though specific details about the nature, scope, and timeline remain undisclosed. **Key Points:** - Open invitation to security researchers and auditors - Described as unprecedented in its approach - Follows previous successful security partnerships, including a $100K audit contest with Sherlock More information expected soon.
Polygon Partners with BRL1 and Capa for Digital Real Cross-Border Payments
Polygon has partnered with BRL1 and Capa to enable cross-border payments using Brazil's digital real without converting to dollars. **Key Details:** - BRL1, Brazil's most traded real-pegged stablecoin, is now live on Capa's payment infrastructure built on Polygon - Cross-border transactions settle in seconds using Capa's onchain-FX stack - The integration deepens local currency payment capabilities and stablecoin foreign exchange - Payments bypass traditional dollar-based settlement rails This collaboration aims to accelerate adoption of digital real in global payment systems by providing faster, more direct currency conversion. [Read the full announcement](https://polygon.technology/blog/brazils-real-now-moves-across-borders-without-touching-dollars-as-brl1-joins-capas-onchain-fx-stack)
Polygon Opens Wallet-Layer Card Programs on Stablecoin Rails
Polygon has launched programmable card primitives at the wallet layer, enabling authorization and capture functionality for card programs built on stablecoin infrastructure. **Key Features:** - Card issuers can run auth/capture without holding custody of funds - Works across any blockchain through the wallet layer - Built on Polygon's Open Money Stack **Availability:** Design partner slots are now open for card issuers, exchanges, and platforms interested in building on this infrastructure. [Become a design partner](https://info.polygon.technology/become-a-design-partner?utm_source=X&utm_medium=Organic_social&utm_campaign=Wallets_design_partners&utm_content=socialsLearn) | [Technical details](https://polygon.technology/blog/auth-capture-on-polygons-open-money-stack-in-the-wallet-layer-design-partner-slots-open)