Polygon Reports Record-Breaking 2024 Performance

**John Egan**, former Head of Crypto at Stripe, has joined **Polygon Labs** as Chief Product Officer. The move represents a significant hire for Polygon Labs as they continue building Ethereum scaling solutions. Egan brings extensive experience from his role at Stripe, where he led crypto initiatives for the payments giant. - Fortune Magazine covered the executive transition - Egan's appointment signals Polygon's focus on product development - The hire comes as Layer 2 solutions gain mainstream adoption This leadership addition strengthens Polygon's position in the competitive Ethereum scaling landscape. [Read full coverage](https://fortune.com/crypto/2025/09/15/stripe-head-of-crypto-john-egan-polygon-labs-chief-product-officer/)

**Coinbase will support the POL upgrade** scheduled for October 14-17, 2025. The exchange has announced official support for this upcoming protocol upgrade, providing important guidance for token holders during the transition period. - Upgrade window spans **4 days in mid-October** - Coinbase users will receive specific instructions - Holders should prepare for the migration process This represents a significant infrastructure update that will affect POL token holders across the platform.

**Polygon confirms safety** after NPM supply chain attack targeting debug and chalk packages. - Polygon PoS and Agglayer code libraries **not impacted** - No vulnerable package versions in use - Team continues active monitoring **Security reminders:** - Verify websites before interacting - Avoid suspicious links - Triple-check addresses and transactions Layer3 also confirmed they remain unaffected by the exploit. [Technical details](https://www.aikido.dev/blog/npm-debug-and-chalk-packages-compromised)

**Polygon PoS now controls 47% of USDT supply** following its upgrade to native USDT0 standard. The upgrade brings several key improvements: - **Faster transactions** with lower fees - **Enhanced liquidity** across the network - **Native interoperability** powered by LayerZero - **Cross-chain compatibility** with 40+ networks via Stargate Polygon's **6M+ wallets** now have access to both USDT0 and XAUt0 (Tether Gold's omnichain version). The native USDT0 implementation eliminates bridging friction while maintaining **full composability** with existing DeFi protocols. [View data on Dune Analytics](https://dune.com/sealaunch/usdt0)

**REX**, a regulated trading platform for tokenized real estate, has launched on Polygon PoS, marking a significant development in property investment accessibility. Key features: - First regulated secondary market for property-backed tokens - Enables fractional investment in residential, commercial, and luxury real estate - Built by DigiShares with U.S. regulatory approval - Offers low-cost, rapid settlement via Polygon - Plans for global expansion and Agglayer integration The platform addresses the longstanding liquidity challenges in real estate, the world's largest but traditionally illiquid asset class. [Read more on Cointelegraph](https://cointelegraph.com/news/tokenized-real-estate-trading-platform-launches-polygon)