Polygon Labs has been on a massive
acquisition spree, purchasing two
crypto startups,
Coinme and
Sequence, for
$250 million as part of their aggressive
push into stablecoin payments. This strategic move is aimed at strengthening competition against existing payment processors like Stripe. They will also use this acquisition to offer
regulated stablecoin payments in the U.S, offering a more robust platform for their users. Despite the
layoff of 30% of their workforce, Polygon’s focus has been unwavered, with their eyes set on dominating the stablecoin scene. Their
ambitious plans include an U.S. regulated onchain payments platform and a new stablecoin framework. The market's reception of this new strategy has been largely positive, with Polygon leading the
altcoin rally with a
15% rise and an overall surge in crypto gains. Despite this, not all are confident about the immediate effects of this pivot as some reports indicate the price of the Polygon coin still struggles. Looking ahead, Polygon has unveiled ‘
Open Money Stack’ to power borderless stablecoin payments which predicts a stablecoin super cycle incoming. Polygon is also being utilized by
Revolut as go-to crypto rails for payments, trading, and staking, processing a total of
$690M to date.
In terms of performance, the
Polygon coin has done well, rising for nine days in a row and being classified as a top-performing crypto in the top 100. However, user confusion has led the co-founder of Polygon to contemplate a reversion of ticker symbol from POL back to MATIC. The goal of all these actions is to establish Polygon as a
regulated payment platform in the United States. The market, however, remains divided with some bullish over these strategic moves while others bearish about Polygon’s future.
Polygon Coin News Analytics from Tue, 05 Aug 2025 07:00:00 GMT to Sat, 17 Jan 2026 14:33:23 GMT -
Rating 6
- Innovation 8
- Information 9
- Rumor -4
