Polygon

Polygon has integrated autonomous AI payment capabilities through a partnership with aifinpay, marking a significant development in automated blockchain transactions. **Key Details:** - The payment system is now operational on Polygon's network - Builds on Polygon's previous commitment to AI integration, demonstrated at the Open AGI Summit in Cannes - Enables AI agents to execute payments independently without human intervention This launch represents a practical application of AI in crypto infrastructure, allowing for faster transaction processing and automated financial operations on the Polygon network.

Polygon saw significant stablecoin activity this week: **Major Integrations** - Mastercard launched always-on stablecoin settlement - Bitso integrated USDC payments - WalletConnect added USDT payment support **Volume Milestones** - Uniswap exceeded $100M protocol volume in 24 hours - JPYC processed $74M in May, its strongest month - Symbiosis volume increased 2.5x from February to May **Network Performance** - $79.25B stablecoin volume in May - $2.6T lifetime stablecoin value moved - Block time reduced to 1.5 seconds (from 1.75s) Polygon also launched a technical preview for the Open Money Stack, its infrastructure for payment applications.

Polygon has introduced a new payment infrastructure called the **Open Money Stack** that simplifies cross-chain money movement through intent-based routing. **How it works:** - Users tap pay and see a single confirmation - Behind the scenes, funds automatically route across chains, bridges, and venues - The technical complexity remains invisible to end users This approach addresses what Polygon calls the "API paradox" - where multiple payment APIs work well individually but create friction when integrated together. Traditional cross-border payments can require 7+ different API integrations. The Open Money Stack consolidates this into one integration, handling the routing logic automatically based on user intent rather than requiring manual chain selection. Learn more about the technical implementation: [How Intent-Based Payment Routing Works](https://polygon.technology/learn/payment/how-intent-based-payment-routing-works-for-cross-chain-money-movement)

**The Challenge of Dormant Capital** Billions in cryptocurrency assets are sitting idle onchain, failing to generate returns or drive ecosystem growth. The issue isn't the amount of capital available—it's how little of it is actively deployed. **Key Statistics** - Over $21B in on-chain treasury capital exists within crypto protocols - Approximately 35-40% of these treasuries are held in stablecoins - Much of this capital earns little to no yield despite opportunities for onchain compounding **The Real Problem** This isn't a shortage of capital—it's a **treasury design problem**. Protocols are holding significant reserves without strategies to put them to work effectively. **Impact on Adoption** The inefficient use of onchain capital may be limiting crypto's next wave of growth. When treasury funds remain parked rather than actively deployed, the entire ecosystem misses opportunities for development and expansion. Read the full analysis: [Crypto's Idle Capital Problem](https://roundtable100.com/asset/polygon/crypto-s-idle-capital-problem-is-holding-back-the-next-wave-of-adoption)

Polygon has launched its **Open Money Stack** in technical preview, offering a unified infrastructure for moving money globally. **Key Features:** - Accept deposits and move stablecoins - Off-ramp to bank accounts or cash - Process transactions in seconds - Single open stack for global money movement Access to the technical preview is currently limited. Developers interested in testing the platform can apply for early access through Polygon's registration form. The Open Money Stack aims to simplify the process of handling digital and traditional currency conversions through one integrated solution. [Apply for early access](https://info.polygon.technology/get-early-access?utm_source=X&utm_medium=Organic_social&utm_campaign=oms_tech_preview&utm_content=form) | [Read documentation](https://docs.polygon.technology/)

Stripe has successfully processed more than $100 million in peer-to-peer USDC transfers on the Polygon network, demonstrating the viability of stablecoin payments at scale. **Key Points:** - Real-world payment infrastructure operating on open blockchain rails - Builds on Stripe's earlier integration of USDC checkout across 3M+ merchants - Polygon selected as settlement layer for its ability to handle enterprise-scale transaction volumes This milestone represents a significant step in mainstream adoption of blockchain-based payment systems.

**Major Payment Infrastructure Developments** - **Visa** integrated Polygon into its global stablecoin settlement program - **Meta** launched USDC creator payouts on Polygon, expanding to 160+ markets - **Modern Treasury** added Polygon as a native payments rail in its API **Ecosystem Growth** Polygon's stablecoin supply reached **$4.3B in April**, marking a 13.33% month-over-month increase. The network continues attracting payment-focused applications: - Coca Wallet shipped major updates including bank accounts and instant APY - SKALE Network deployed Portal 5.1 with 1-click crosschain bridging - Prophet Market AI launched V1 with AI prediction markets **Technical Updates** Trails v1.5 introduced composable actions on crosschain orchestration for the Open Money Stack, enhancing interoperability across the ecosystem. These integrations position Polygon as infrastructure for mainstream payment applications, with traditional finance companies and social platforms choosing the network for stablecoin settlement.

The Open Money Stack has released a crosschain orchestrator that enables users to execute complex, multi-step transactions across different blockchains in a single action. **Key features include:** - Composable flows that execute multiple steps through one intent - No approval transactions required for major stablecoins (USDC, USDT, DAI) - Integrated fiat onramps supporting credit cards and Apple Pay - Direct routing of deposits from Coinbase, Binance, and Kraken into transactions - Support for 18 mainnet chains, with Solana currently in testing The orchestrator simplifies crosschain DeFi interactions by removing the need for separate approval steps and allowing users to move seamlessly between different networks and protocols.

**Modern Treasury has integrated with Polygon** to support stablecoin payments through the Open Money Stack, a unified platform designed to simplify global money movement. **Key developments:** - Modern Treasury now supports Polygon Chain as a native payment rail within their API - The integration addresses the complexity of cross-border payments, which typically require 7+ different APIs - The Open Money Stack consolidates payments, stablecoins, wallets, on/off ramps, tokenization, and compliance into one modular system **Why it matters:** Moving money across borders has traditionally been fragmented and complex. By bringing Modern Treasury into the Open Money Stack, Polygon aims to make global money transfers as straightforward as moving data, with settlement happening on Polygon's network. The platform promises fast settlement, low costs, and global reach for real-world finance applications. [Read the full announcement]([https://polygon.technology/blog/modern-treasury-integrates-on-polygon-to-support-stablecoin-payments](https://polygon.technology/blog/modern-treasury-integrates-on-polygon-to-support-stablecoin-payments))

**Key Developments This Week:** - **MoonPay** launched zero-fee stablecoin onramps for AI agents - **Polymarket** expanded into traditional asset markets using Pyth Network price feeds - **Mayan** has processed over $300M in cross-chain volume on Polygon to date - **TokenPocket** now supports zero-gas USDC transfers **Infrastructure Updates:** Polygon introduced a **private mempool** to improve transaction privacy and reduce MEV extraction. Polygon Labs also joined the x402 foundation under the Linux Foundation. **New Launches:** - Surf Liquid: stablecoin savings vaults - Rise Pay: onchain payroll solution - Euclid Protocol and Pagga both deployed on Polygon - BlockOps: bringing African financial infrastructure onchain These updates build on last month's Lisovo upgrade, which brought $1M in subsidized gas for agent payments and improved smart contract compatibility. Polygon continues expanding its stablecoin ecosystem, which recently hit a record $3.28B in supply.