Polygon
18141 followers · 32 stories
Exploring the Frontiers of ZK Innovation and Ethereum Scaling.
18141 followers · 32 stories
Exploring the Frontiers of ZK Innovation and Ethereum Scaling.
Polygon's official account published a weekly recap hitting key milestones across its stack: 100M POL permanently burned, a claim of 11M payments per second possible on the network, Polymarket perps passing $1.8B in volume, and stablecoin subscriptions launched on Polygon OMS. It also reported $544,575 in network fees over 7 days and 37.6M transactions.
$BRS, the Brazilian Real-backed stablecoin issued by Nora Finance, is live on Polygon with onchain liquidity now available via Uniswap — users can swap BRS directly for USDC onchain. The token is pegged 1:1 to the Brazilian Real and issued by licensed minters.
Polygon's Open Money Stack (OMS) now supports recurring payments, letting customers approve a recurring payment once — setting the amount, scope, and schedule — while the wallet handles repeat payments automatically. Developer @taylanpince confirmed the launch after months of planning and testing, and Polygon's official account framed recurring payments as "the latest addition to Polygon OMS" that helps stablecoins disappear into ongoing, automatic flows across apps.
Polygon is deploying a permissionless burn contract that will let anyone in the community permanently destroy 100 million POL (~1% of total supply) collected as network base fees, once the Security Council signs off. The mechanism was announced by Polygon Foundation CEO Sandeep Nailwal, who cited $24.5M in 2026 year-to-date revenue.
Arc is now live on Polygon's Open Money Stack (OMS), letting users move USDC from Arc to Polygon and 20+ chains (incl. Ethereum, Solana) in a single 1-click flow. The integration unifies rails for onchain payments, so stablecoins bridge across networks without separate configuration.
Specific friction, liquidity, and supported USDC amounts weren't detailed in the announcement.
Polygon is spotlighting a cross-chain path that brings assets from TON and TRON into its ecosystem, powered by STON.fi (ston.fi), a DEX built on the TON network. Polygon's official account framed it as a smooth onramp into its onchain ecosystem, extending beyond EVM chains to Telegram-linked TON.
Stable.com has made USDT and PYUSD on Polygon live for non-custodial swaps, accessible via its app (stabledotcom). The move lets users swap the two fiat-backed stablecoins directly on the Polygon chain without giving up custody.
Stable.com has integrated Polygon's Open Money Stack (OMS) to enable stablecoin-to-bank transfers in 180+ countries. Users can move USDT or PYUSD on Polygon Chain directly from a wallet into their bank account.
Polygon's Open Money Stack (OMS) now lets customers pay for any onchain purchase with Stripe. A single Stripe integration enables support from any funding source, expanding how 1-click payment flows can be funded.
Polygon is now available in PayBox, the wallet product by crypto on/off-ramp provider MoonPay, per a repost from Polygon's official account. The integration adds Polygon to PayBox's supported network base, expanding where users can hold and use Polygon-based assets.
After community consensus, Polygon upgraded its native token from MATIC to POL as part of the Polygon 2.0 roadmap, making POL the network's gas and staking token.
Polygon Labs promoted chief legal officer Marc Boiron to the newly created CEO role, while President Ryan Wyatt stepped down to an advisory position.
Polygon announced Polygon 2.0, a set of proposed upgrades reimagining the protocol's architecture, tokenomics, and governance toward an aggregated 'value layer of the Internet.'
Polygon raised $450 million by selling MATIC tokens in a round led by Sequoia Capital India, with participation from Tiger Global and SoftBank Vision Fund.
Polygon acquired the Mir blockchain network for 250 million MATIC tokens, worth around $400 million at the time of the deal.
Polygon disclosed a security vulnerability that resulted in the theft of 801,601 MATIC tokens.
Polygon acquired the Hermez Network, a zero-knowledge rollup team, in an August 2021 deal valued at $250 million.
The project renamed itself Polygon Technology, shifting from a single scaling solution to a broader ecosystem of Ethereum scaling solutions.
Polygon's ledger began on June 1, 2020, marking the launch of the Matic proof-of-stake mainnet on Ethereum.
Matic Network ran an initial exchange offering on Binance Launchpad, selling 1.9 billion MATIC tokens (19% of supply) and raising about $5 million.
Matic Network, the predecessor to Polygon, was founded by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic.