Ripio Sponsors Money Rails Summit in Buenos Aires

**Polygon has emerged as the dominant blockchain for stablecoin transactions in Latin America**, processing more stablecoin transfers than all other EVM chains combined (excluding Ethereum). **Key Market Position:** - More than **50% of stablecoin liquidity** in emerging markets operates on Polygon - Lifetime stablecoin transfer volumes show Polygon leading significantly in LATAM - Over **$1B processed** in LATAM CEX flows this year **Why Polygon Leads in LATAM:** - **Low fees** compared to other networks - Strong **liquidity and integrations** - Regional stablecoins like BRLA and BRZ settle on the network - Apps integrate with local payment systems (Pix, SPEI, PSE) **Market Context:** Stablecoins have become the default for saving, sending, and spending in Latin America due to inflation and financial exclusion. While Ethereum handles high-value settlements and Tron carries low-cost USDT transfers, **Polygon dominates payments, apps, and consumer finance**. **Upcoming Event:** Learn more about the LATAM ecosystem at Money Rails during Devcon on November 18 in Buenos Aires. [RSVP here](https://moneyrails.io/)

**Pi Squared** has joined as a sponsor of Money Rails, bringing their innovative **FastSet** payment network to the spotlight. **Key Features of FastSet:** - Infinitely scalable decentralized network for instant payments - Parallel transaction settlement (no total ordering required) - **Sub-100ms finality** with uncapped throughput - Real-time verifiability Unlike traditional blockchains that process transactions sequentially, FastSet's parallel processing approach aims to eliminate scalability bottlenecks. The announcement coincides with the upcoming **Devconnect event on November 18**. Interested developers and blockchain enthusiasts can secure tickets at [moneyrails.io](http://moneyrails.io).

**Amravati, India** is moving government records onto the **Polygon blockchain**, marking a significant step in digital governance. **What's Being Digitized:** - Land titles and property documents - Tax records and data - Government certificates The city of nearly **1 million residents** chose blockchain technology to address common government record issues - paper documents can be destroyed, servers fail, and files get lost. **Why This Matters:** Blockchain storage offers **transparency, security, and immutability** - solving problems that have plagued traditional record-keeping systems. This follows similar moves in India, where another district previously digitized over 700,000 land records on Avalanche blockchain. [Read more about the deployment](https://www.ccn.com/news/crypto/indian-city-amravati-government-records-on-the-blockchain/)

**Polygon now appears on the Ethereum Foundation's newly launched website**, highlighting its role in scaling the Ethereum ecosystem. The inclusion represents **recognition of Polygon's contribution** to institutional adoption within Ethereum's infrastructure. - Polygon continues its mission to scale Ethereum for enterprise use - The partnership reinforces Polygon's position as a key Layer 2 solution - This follows previous collaborations with major financial institutions The listing on EF's official site **validates Polygon's strategic importance** in Ethereum's scaling roadmap and institutional growth.