In May 2026, Polygon handled $79.25 billion in stablecoin volume and led all blockchains with 198 million USD-pegged stablecoin transactions. The network's low fees (around $0.002 per transaction) and fast settlement times (about two seconds) make it a preferred platform for real-world crypto payments. Strategic acquisitions and partnerships with Visa and Meta have expanded Polygon's payment ecosystem, driving a surge in transaction volume that exceeded 2025's total in just the first half of 2026. Polygon's cumulative stablecoin transfers have now surpassed $2.4 trillion, highlighting its growing dominance in crypto payments.

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Hacker exploits Polygon legacy contract flaw, steals $261K in crypto rewards.

A hacker exploited a vulnerability in a legacy royalties contract on the Polygon blockchain, stealing approximately $261,200 worth of cryptocurrency. The attack was enabled by flawed reward calculations that inflated ownership balances, allowing the ...

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