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Polygon Labs expects its regulated payments arm to turn a profit in 2027 after closing its purchase of Coinme, a push into a business dominated by Visa and Stripe. Key Points: Polygon Labs is targeting profit from its regulated payments business in 2027. Coinme brings 37 state money transmitter lice

Polygon Labs has closed its purchase of crypto payments firm Coinme, giving its payments platform licensed money transmission coverage in 48 U.S. states, months after the deal's original target. Key Points: Polygon Labs closed its Coinme purchase, gaining 37 state money transmitter licenses and 11 e

Polygon (POL) says a new payment system for AI agents processed more than 11 million verified payments per second in its own tests across 25 hubs. Polygon Agent Pay Channels Polygon described the tool, called agent pay channels, in a blog post and said each payment update cleared its engine in 20 mi

Polygon will let anyone trigger a one-time burn of 100 million POL (POL) tokens once new contracts clear final approvals, Chief Executive Sandeep Nailwal said Friday. Key Points: Polygon CEO Sandeep Nailwal says 100 million POL is ready for a permanent burn that any user can trigger. He put Polygon'

Polygon (POL) has opened a crypto donation route into Nepal's official disaster relief fund after flash floods killed at least 1,252 people. Key Points: Polygon has launched a crypto donation channel feeding the Government of Nepal's Prime Minister Disaster Relief Fund. Contributions are collected o