Events

POL is rallying as altcoin rotation accelerates, driven by Polygon’s Open Money Stack initiative, rising on-chain metrics (token burns, active addresses, transaction volumes) and momentum in stablecoin payments, along with market speculation about a potential Coinme acquisition. Traders are watching key technical levels to see if the upside can be sustained toward higher price targets.

Polygon Labs launched Open Money Stack, a modular platform to put money onchain by consolidating liquidity, routing, compliance and stablecoin rails. It enables faster, cheaper, regulated payments and seamless fiat–crypto flows across chains—aimed at boosting activity on Polygon and extending the MATIC price rally.

Polygon's Madhugiri hard fork reduces consensus finality to one second, raises throughput by about 33%, adds Fusaka EIPs to cap gas on heavy operations, and prepares the network for scalable, institutional-grade use cases such as stablecoins, RWAs and enterprise solutions.

Polygon co‑founder Sandeep Nailwal is weighing a proposal to revert the POL token ticker to MATIC, saying the original name has stronger global recognition and better reflects community preference. Many users find the POL ticker confusing and remain more attached to MATIC branding.

India will introduce a fully collateralized, rupee-pegged ARC stablecoin in early 2026, developed with Polygon and Anq. The initiative seeks to curb stablecoin outflows, modernize public debt financing and support domestic and cross-border on-chain finance.

Mastercard is teaming up with Polygon and Mercuryo to let users send crypto to playful, customizable username-style aliases instead of long wallet addresses, extending its Crypto Credential system to self-custody wallets. Meanwhile the broader crypto market is rebounding, with Bitcoin back above $92,000 and major tokens in the green.

Revolut has integrated Polygon to offer UK and EEA customers low- or zero-fee crypto remittances and stablecoin transfers (USDC, USDT, POL). The app also adds in-app POL staking, DeFi access, and a streamlined fiat-to-crypto on-ramp within the Revolut app.

Mastercard is broadening its Crypto Credential initiative with Polygon and Mercuryo to enable verified, human-readable username-style aliases for self-custody crypto wallets. They replace long wallet addresses to simplify transfers and strengthen transaction security.

R25 has launched on the Polygon network, introducing rcUSD+, an asset-backed stablecoin that combines traditional finance with DeFi. Incubated by Ant Financial, rcUSD+ offers a 1:1 USD peg with returns from real-world assets, showcasing rising institutional interest in compliant stablecoins for onchain yield.

Calastone has integrated its Tokenized Distribution platform with Polygon's blockchain, enhancing fund distribution for over 4,500 institutions in 58 markets. This partnership improves efficiency, transparency, and reduces costs, marking a significant advancement in on-chain financial operations.

Flutterwave partners with Polygon Labs to introduce a stablecoin-enabled cross-border payments network across 34 African countries, aiming for faster and cheaper transactions, particularly in response to Nigeria's $50 billion crypto transaction volume amid economic challenges.

Donald Trump pardoned Binance founder Changpeng "CZ" Zhao, sparking speculation about his return as CEO. This decision, seen as part of a broader clash over digital finance regulation, led to a rally in assets linked to Binance and Trump, drawing mixed reactions in the crypto industry.

Tensions in the Ethereum community have heightened due to frustrations from senior builders and developers over the Ethereum Foundation's governance and underappreciation of layer 2 developers like Polygon. Criticisms from notable figures such as Péter Szilágyi and Sandeep Nailwal have been met with responses from Vitalik Buterin.