Polygon

Polygon has officially activated PIP-92, which increases staking rewards for validators on Ethereum:0x455e53cbb86018ac2b8092fdcd39d8444a. The activation was confirmed by Polygon's official account, which reposted the update from the proposal's author. Staking operator Luganodes explained that Polygon stakers have had a share of network fees accruing since April, and PIP-92 is the mechanism that pays out that accumulated backlog to POL stakers.

• PIP-92 raises staking yields for staked POL on the Polygon network.
• It settles a backlog of network fees that has been accruing since April.
• The increase took effect following the proposal's official activation.

Kira, the product that combines U.S. banking and stablecoins into one flow, is expanding the stablecoin options available to its clients through Polygon's Open Money Stack (OMS), per Polygon's official account. Kira's AI agents handle account opening, KYBs, RFIs, and payment tracking, with a human signing off on every decision.

• Kira was previously named among the first OMS customers alongside Tazapay, Mesh, and Toku, and this announcement details how OMS broadens the stablecoin choices its clients can access.
• The integration extends OMS's customer base across U.S. dollar access, cross-border business payments, fiat funding, and payroll.

Toku, the global payroll and employment provider running across 100+ countries, is extending its stablecoin payroll product using Polygon's Open Money Stack (OMS) for the last-mile wallets and payouts. Toku publicly confirmed the collaboration, saying stablecoins are "becoming real infrastructure for global businesses" (Polygon announcement). Toku covers employment contracts, tax withholding, benefits, and local filings; OMS supplies the wallet and payout rails behind the product.

• The integration lets workers hold payouts through Toku's OMS-powered infrastructure rather than a standalone fiat flow.
• Polygon's announcement spotlighting Toku follows the recent lineup of first OMS customers, which also includes Tazapay, Mesh, and Kira.

Tazapay, the cross-border payments platform serving 1,000+ enterprises and fintechs across 30+ countries, is bringing Polygon's Open Money Stack (OMS) on/off-ramps and wallets into its payment flow. Polygon's official account announced the integration, which runs alongside the local and SWIFT rails Tazapay customers already rely on.

• Tazapay becomes the latest customer building on OMS, joining Mesh, Toku, and Kira as early adopters of the stack.
• The move gives Tazapay's client base access to OMS wallet and fiat on/off-ramp infrastructure for settling cross-border business payments.

Mesh — the payments network connecting 300+ wallets, exchanges, and financial services platforms — is now live as a fiat on-ramp option within Polygon's Open Money Stack (OMS), per Polygon's official account. Fintechs and payment platforms building on OMS get another way for users to fund an account with Mesh.

• Mesh lets users move funds from their existing accounts at supported wallets and exchanges rather than starting from a standalone fiat deposit flow.
• The integration extends OMS's existing funding toolset, which already includes options like Stripe funding alongside cross-chain settlement rails.
• It is the latest on-ramp for the stack, which is designed to let one API move dollars in through banks, cards, or cash while stablecoins settle onchain.

Featherlend has launched BRZ and frxUSD lending markets on Morpho Vaults on Polygon, with Frax Finance confirming the rollout via its own announcement, reposted by Polygon's official account (Featherlend blog post). Users can borrow BRZ — Transfero's Brazilian Real-pegged stablecoin, backed 1:1 by BRL reserves — using sfrxUSD or etherfuse TESOURO collateral, or borrow frxUSD against tGBP, BRZ, sPOL, or sfrxUSD.

• FX infrastructure is provided by DFB DeFi; Frax framed the launch as the first time the Real gets an onchain funding rate.
• The vaults extend BRL-denominated lending exposure on Polygon.
• Market parameters, rates, and incentive details were not disclosed.

Monerium, Frax Finance, and Capa Fi have connected euro payments to global corridors on Polygon, with the EURe/frxUSD pair live with incentives on Uniswap. The pool gives regulated euro e-money a direct route into onchain dollar liquidity, with Capa Fi bringing FX and payment flows — Polygon's official account highlighted that EURe now has a direct route into dollar liquidity on the network.

• EURe is Monerium's MiCA-compliant euro e-money, backed 1:1 by safeguarded euro reserves and linked to SEPA.
• frxUSD is Frax's fully backed digital dollar with tokenized U.S. Treasuries in reserve, which Frax bills as GENIUS-compliant.
• Users can swap between EURe and frxUSD or provide liquidity with both assets on Polygon via Uniswap (pool: app.uniswap.org).
• Polygon framed the launch as expanding stablecoin utility from currency exchange to cross-border payments and as infrastructure payment apps can build on.

Polygon's Open Money Stack (OMS) now supports stablecoin payments at checkout, letting merchants add a "pay with crypto" option to the checkout flow they already run. Customers can pay across wallets, tokens, and chains without leaving the store to swap, bridge, or cash out, per Polygon's official account.

• Merchants choose how and where funds settle; OMS handles routing across all major chains, so teams don't need a separate integration for each asset.
• Once a crypto payment goes through, a payment processor cannot claw it back later.
• The feature plugs into existing checkout infrastructure rather than requiring a separate payment flow, extending OMS's payments toolkit, which already includes recurring payments, Stripe funding, and cross-chain settlement rails.