Polygon's layer-2 network reached a new high of 7.5 million weekly transactions in Q2 2026, totaling 743 million for the quarter—a 160% increase year-over-year. This surge is supported by infrastructure upgrades like Heimdall v2 and Bhilai hard fork, enhancing capacity. CEO Sandeep Nailwal highlights stablecoins and payments as key growth drivers, positioning Polygon for real-world applications. The strong transaction growth signals increased demand and could attract more developers and investors amid rising competition in layer-2 solutions.
PayPal's stablecoin PYUSD is now issued natively on the Polygon blockchain through a partnership with Paxos, enabling streamlined business transactions. This integration allows companies to use PYUSD within Polygon's Open Money Stack, which combines ...
PayPal has expanded its PYUSD stablecoin issuance to the Polygon blockchain, allowing PYUSD to be issued natively rather than bridged. This reduces security risks and leverages Polygon's faster and cheaper network, enhancing enterprise payment proces...
