Polygon

Most payment companies excel at one layer - infrastructure, wallets, or fiat rails - but rarely all three. The Open Money Stack takes a different approach with a vertically integrated system that handles payments end-to-end. **Key Components:** - Infrastructure layer for transaction processing - Wallet solutions for user access - Fiat rail connections for traditional finance integration Sandeep Nailwal discusses the technical requirements for moving money at scale, emphasizing the need for systems that combine fast finality, low fees, and mathematical security. The approach builds on ZK technology to provide execution guarantees and settlement certainty. This integrated model addresses a gap in the current payments landscape, where fragmented solutions often create friction in the user experience.

Coinme has integrated onchain payment access points at over 15,000 US locations directly within TrustWallet, powered by Polygon's Open Money Stack. **Key developments:** - Physical onramp locations now embedded in TrustWallet interface - Regulated access points enable easier crypto purchases - Infrastructure built on Polygon's payment framework This expansion represents a shift toward making blockchain payments as accessible as traditional finance, with the infrastructure supporting real-time, low-fee transactions at scale.

Polygon has emerged as the dominant blockchain for **$JPYC** transactions in Japan, processing more volume than all other chains combined. **Key Points:** - Polygon handles the majority of real onchain yen activity in the Japanese market - The network has become the primary infrastructure for JPYC, Japan's first fully backed yen stablecoin - This dominance demonstrates Polygon's effectiveness as settlement rails for regulated digital currency The development highlights how established blockchain networks are capturing real-world payment flows as governments integrate stablecoins into financial systems.

Last week saw significant stablecoin activity across multiple metrics: **Transfer Volume** - 94M stablecoin transfers recorded, marking the highest among all chains - USDC supply reached $1.49B, setting another daily all-time high **Platform Performance** - Tazapay processed $687M in monthly volume, establishing a new record - Polymarket recorded $1.7B in trading volume, its second-highest week on record **International Movement** - $195M in international stablecoins transferred - Australian Dollar stablecoin (AUDF) led with $76M in volume These figures demonstrate continued growth in stablecoin adoption across payment platforms, prediction markets, and cross-border transactions.

Polygon has become a preferred infrastructure for x402 agentic payments, offering fast, affordable, and predictable stablecoin transactions. **Key Features:** - Transaction speeds under one second - Costs as low as $0.001 per transaction - Universal compatibility across platforms The network's efficiency has made it a go-to choice for x402 facilitators and agentic commerce applications seeking reliable payment rails for internet-native transactions.

**Indian institutions are moving critical records to Polygon blockchain** - **BBD University** in Lucknow digitized degrees, ID cards, and certificates - cutting verification errors in half and eliminating fraud - **Three cities** (Amravati, Solapur, Kalyan-Dombivali) moved citizen documents onchain - birth records, permits, tax docs now verify in minutes vs months - **Maharashtra forensic labs** replaced paper trails with blockchain evidence tracking - creating tamper-proof chain of custody - **Festivals and conferences** switched from weeks-long printing processes to instant QR verification The shift creates **transparent, auditable government records** while dramatically reducing costs and processing times.

**Polymarket has officially relaunched** its application for US users, marking a significant return to the American prediction market space. The platform's comeback follows its earlier acquisition of derivatives exchange QCEX in July, which positioned the company for re-entry into the regulated US market. - **Direct access restored** for American users to trade on prediction markets - **Regulatory compliance** achieved through strategic acquisition approach - **Market expansion** signals growing acceptance of prediction market platforms This development represents a major milestone for decentralized prediction markets in the United States, where regulatory clarity has been a persistent challenge for crypto-based platforms.

**Money Rails Buenos Aires** panel recordings are now live on YouTube for those who missed the event. The one-day summit focused on: - Networking opportunities - Payment innovation discussions - Future of money insights - Web3 industry panels All sessions from the November 18 event have been compiled into a comprehensive playlist. [Watch the full Money Rails Buenos Aires playlist](https://www.youtube.com/playlist?list=PLslsfan1R_z33l-Wsa_PCkKzYWP8Ysb3c) Catch up on key discussions about payment systems and monetary innovation that you may have missed.

**Brazilian Real-linked stablecoins** are gaining significant traction on Polygon, with over **50,000 transactions weekly**. The milestone reflects growing adoption of blockchain-based financial services in Brazil's market. Users can now access **onchain yield opportunities** denominated in Brazilian Reais. **Key developments:** - 50K+ BRL stablecoin transactions per week on Polygon - New yield-earning capabilities for Real-denominated assets - Growing bridge between traditional Brazilian finance and DeFi Brazil's high interest rate environment creates unique opportunities for onchain yield strategies, allowing users to earn returns while maintaining exposure to local currency.

**Five new games** are now live on the Polygon Hub within Immutable Play, offering players up to **500 Gems per title** through quest completion. **Key Features:** - Dedicated gaming hub for Polygon-based titles - Quest system with gem rewards for each game - Additional prize pool for top performers - Part of Immutable x Polygon collaboration **Background Context:** This launch builds on the previously announced partnership between Immutable and Polygon Labs. The collaboration includes a **$100K reward pool** and plans for future Agglayer integration. Immutable Play already serves **250k+ monthly users** with **$40M TVL**, making it a significant platform for web3 gaming adoption. **What's Next:** Future updates will include native Agglayer integration for Immutable zkEVM, enabling **cross-chain gaming** and digital asset portability across connected chains. Players can start completing quests immediately to earn gems and compete for additional rewards from the prize pool.