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Polygon (@0xPolygon)
NEW: Revolut launches euro-backed stablecoin, EURR, on Polygon
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Metal Pay (@metalpaysme)
Crypto News - 21 August 2026 Bitcoin staged its strongest weekly advance in roughly two and a half years, climbing toward $80,000 as the U.S. Treasury expanded long-dated bond buybacks and spot ETF demand returned. The rebound spread across major tokens, with Ethereum and XRP also posting sharp gains as liquidity expectations improved. The attached Crypto Fear & Greed Index jumped to 72, firmly in “Greed.” That compares with 62 yesterday, 29 last week and 33 last month, showing how quickly sentiment reversed from fear. The move is constructive, but high bond yields and geopolitical risk remain important market headwinds. SEC Proposes New Crypto Offering Rules The SEC proposed “Regulation Crypto Assets” on August 18, opening a formal rulemaking process for token-based fundraising. The proposal would create a startup exemption for offerings of up to $5 million over four years and a second exemption allowing up to $75 million during a 12-month period, subject to disclosures and reporting. It also proposes a safe harbor that could let a crypto asset move outside securities-law treatment once promised managerial efforts have ended. Comments are open for 60 days. A day later, President Trump urged Congress to keep moving the separate Clarity Act. Treasury Advances GENIUS Stablecoin Rules The U.S. Treasury on August 17 proposed part of the GENIUS Act stablecoin framework, focusing on when payment stablecoins are considered issued, offered or sold in the United States. The proposal would help determine which issuers and distributors fall under U.S. licensing rules as the law moves toward implementation. Under the GENIUS Act, entities generally cannot issue payment stablecoins in the U.S. without a federal or state license once the regime takes effect. Treasury opened a 60-day public comment period. For users, the practical issue is which dollar stablecoins can legally reach U.S. customers and through which regulated issuers. Bitcoin ETFs opened the week with $297.5 million in net inflows on Monday, led by BlackRock’s IBIT at $160.2 million and Fidelity’s FBTC at $111.9 million. Tuesday stayed positive at $189.3 million, with IBIT adding $143.6 million and FBTC $23.9 million, partly offset by a $16.9 million outflow from VanEck’s HODL. Wednesday accelerated to $517.2 million, led by IBIT with $284.7 million, ARKB with $77.7 million and FBTC with $62.4 million. Thursday was the strongest session at $606.3 million, driven by $503.0 million into IBIT and $64.7 million into FBTC. Overall, spot Bitcoin ETFs took in $1.61 billion for the week, marking a sharp return of institutional demand. Ethereum ETFs started the week with $30.9 million in net inflows on Monday, led by BlackRock’s ETHA at $25.9 million and Fidelity’s FETH at $4.3 million. Tuesday strengthened to $71.4 million, with ETHA contributing $64.7 million and smaller inflows spread across several funds. Wednesday climbed to $186.8 million, led by ETHA at $122.1 million, FETH at $36.5 million and Grayscale’s ETH at $16.0 million. Thursday was the strongest session at $219.5 million, driven by $173.3 million into ETHA and $35.9 million into BlackRock’s staked ETHB fund. Overall, spot Ethereum ETFs attracted $508.6 million for the week, with BlackRock products accounting for most of the inflows. XRP was the strongest performer in the Metal Pay basket, up 37.8% over seven days, with Ethereum next at 28.9%. Metal Blockchain and Metal DAO gained 24.1% and 23.4%, while Bitcoin, Solana, Dogecoin, Cardano and Loan Protocol all rose more than 20%. The move was part of a broad risk-on rebound tied to improved liquidity expectations, renewed ETF inflows and friendlier U.S. crypto policy signals. XRP also led trading activity on South Korea’s largest exchanges as local crypto volumes surged. Even the weakest name in the group, Hedera, still gained 17.3%.
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Frax Finance ¤⛓️¤ (@fraxfinance)
The multi-trillion-dollar FX market will go onchain for greater capital efficiency. frxUSD is becoming the dollar hub for FX stablecoins + Frax is growing DeFi utility for them. @0xPolygon is one of the best places for it to happen. More to come as we bring the world onchain.
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Polygon | POL (@0xPolygon)
Give Every User A → FREE ← Wallet Every fintech eventually needs the same thing: somewhere for a customer's balance to live, and a way to move it. Most teams pay separate vendors for each piece, one for the wallet, one for routing the balance across chains. Starting now, we're giving both away, at no cost. Approved businesses can now create unlimited embedded wallets through Polygon Open Money Stack (OMS), with crosschain routing included. Customers get stablecoin accounts inside your product, opened with the sign-in they already use, with Polygon Trails routing across 20+ blockchains included. What's included Non-custodial, multi-chain wallets with years of production use and millions of users and transactions behind them. Built into your own app so customers can use existing sign-in, hold their own balance, and skip the seed phrase entirely. Approval limits and card-like holds. Split-key security: no single party ever holds a full key. Web and mobile SDKs in TypeScript, React Native, Swift, and Kotlin. Crosschain routing via Polygon Trails across major blockchains. With Polygon OMS, the wallet sits inside the payment flow. Fund a balance, hold it, route it across chains, settle a payout: use one unified stack instead of stitched-together wallet, ramp, and routing vendors. Why it matters You already know this one: try to pay someone in a market where correspondent banking doesn't reach, and a simple payout turns into a multi-day slog. Not because the money can't move. Because there's nowhere for it to land. An embedded wallet fixes the landing problem. Customers hold stablecoins directly, so a missing local bank account stops being the reason a deal doesn't happen. On custody: your customers hold their own funds here. With non-custodial embedded wallets, that means your business isn't taking custody of their balance. Does that change your own licensing picture? Depends on your model and your markets, honestly, that's a question for your counsel, not us. But we'll walk your compliance team through exactly what the architecture does, so they're not guessing. And once the money's in the wallet, it doesn't get stuck. Trails moves it across Polygon, Solana, Ethereum, Base, and countless other rails in just 1 click, so your customer never sees it happen. So if you're building anything that touches money, start here. Businesses can now apply for OMS Wallets & Accounts at no cost to integrate: with embedded wallet provisioning, crosschain routing, SDKs, APIs, and data services included. [All the details →] [Explore the wallet playground →] [Apply for free wallet infrastructure →]
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Polygon | POL (@0xPolygon)
With Open Money Stack, a deposit becomes a stablecoin, moves where it needs to go, and lands as a payout in local currency. From one dashboard, you can route funds from any token, on any chain, to any destination. You own the product. Orchestration owns the handoffs.
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Polygon | POL (@0xPolygon)
Catch up with the latest from the past two weeks on Polygon ■ @Polymarket's World Cup market on Polygon hits $4.3B, biggest ever onchain ■ MOACT and @hashport_io turn Kansai Electric loyalty points into JPYC on Polygon ■ @jpyc_official volume crosses $265M+ on Polygon, more than every other chain combined ■ @tryramp launches stablecoin settlement for 70,000+ merchants on Polygon ■ @MentoLabs launches FX protocol on Polygon backed by @capa_fi and @Schuman_io ■ @symbiosis_fi launches private swap and send on Polygon ■ @ReahPlatform integrates Polygon Chain for fiat-to-stablecoin business payments ■ @ViaHonest launches on Polygon with onchain proof for real-world goods ■ @BinaryxPlatform launches tokenized Neuralink pre-IPO access on Polygon ■ @endlessdomains launches onchain daily check-ins via identity on Polygon ■ @uquidcard reports 92% more satisfied checkout experiences via Polygon OMS 1-click orchestration ■ Polygon Chain activates Ithaca Upgrade for smoother settlement, fewer node issues ■ Polygon Chain crosses 7.8 billion total transactions
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Polygon | POL (@0xPolygon)
Local currencies move onchain, on Polygon rails. @MentoLabs is live with its FX protocol, starting with a USDm/EURm pool. → backed by @capa_fi as a day-one liquidity partner → with @Schuman_io's EURØP as a reserve asset for EURm
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Polygon Foundation (@0xPolygonFdn)
Ithaca Upgrade The Ithaca Hardfork has been successfully deployed to Amoy testnet and will be released on Polygon mainnet at block number 50,185,000, at approximately 2 PM UTC on July 29. This upgrade makes payments on Polygon more reliable: an automatic failover keeps transactions moving smoothly in the rare case a block producer stalls, new safeguards block transactions that could slow or destabilize the network, and node operators get better visibility to keep everything running seamlessly under the hood. All node operators must upgrade as soon as possible to ensure compatibility and network safety. Steps to upgrade: https://forum.polygon.technology/t/heimdall-v0-10-0-ithaca-hf-mainnet/22038
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Polygon | POL (@0xPolygon)
Give every customer their own wallet the moment they sign up, ready to send, hold, and earn from day one. That's embedded wallets, built into Polygon OMS. Fund, pay out, and convert currency, all in one stack.
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Polygon | POL (@0xPolygon)
Here's what you missed this week on Polygon: ■ @openstandard launches Open USD stablecoin with Polygon as a supported network ■ @crediblefin crosses $152M+ moved across US, India, Brazil, Germany on Polygon ■ @katana marks one year since mainnet launch on Polygon CDK and Agglayer ■ @ClawHarbor's Harbor demos cross-chain agent payments via Polygon Trails ■ @matchametaxyz crosses $348M June volume on Polygon ■ @AgentMail integrates Polygon as x402 payment rail for AI agents ■ Polygon becomes #2 stablecoin DEX aggregation chain, hits $1.23B via 0xproject ■ Polygon crosses 743M transactions in Q2 2026, up 160% YoY
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Polygon | POL (@0xPolygon)
One of the world's largest independent payment processors, Shift4, uses Polygon for stablecoin settlement. Hundreds of thousands of merchants worldwide can now get paid faster and move funds 24/7 on rails built for global commerce, without waiting on banking hours.
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Polygon | POL (@0xPolygon)
Here's what you missed this week on Polygon: ■ @cubewire publishes banks-onchain whitepaper with Polygon ■ @ziskvm launches ZK VM after incubation at Polygon Labs ■ @PodsFinance selects Polygon as Selection Partner for the Global Neobank Alliance ■ @AllUnityStable launches 3 MiCAR-compliant euro/franc/krona stablecoins on Polygon ■ @transferogroup launches BRZ at QR checkout via @BitgetWallet on Polygon ■ @DPTPay expands stablecoin payments to Africa on Polygon ■ Polygon Chain hits 5,000 payments per second with 1.5s block times
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Polygon | POL (@0xPolygon)
Congrats @jbaylina and the @ziskvm team on the launch! ZisK started at Polygon Labs as an experiment: make ZK proving faster, cheaper, and worth building on. https://x.com/ziskvm/status/2067968182829109502
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Polygon | POL (@0xPolygon)
With Polygon Open Money Stack, every customer gets a dedicated virtual account number. Incoming fiat settles straight to stablecoins, automatically, reconciled to the customer who owns the account. No need to build your own banking infrastructure. Built for money that arrives again and again: recurring deposits, collections, payroll funding, treasury inflows and more.
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Polygon | POL (@0xPolygon)
We're expanding our collaboration with @DPTPay to power affordable, efficient stablecoin payments across Africa. Low fees + instant settlement make cross-border remittances easier for families and local businesses
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Polygon | POL (@0xPolygon)
Here's what you missed this week on Polygon: ■ @Mastercard launches Agent Pay for Machines with Polygon as founding partner ■ @Spiko_finance crosses $174M+ tokenized T-bills on Polygon ■ @usetoku launches stablecoin payroll on Polygon for global teams ■ @koshmoney launches USD accounts on Polygon for Asia creators ■ @Levr_Bet crosses $250K Polygon Trails volume for 1-click bet funding ■ @hexens opens Builder Support audit slots for Polygon builders ■ Polygon hits @FortuneMagazine Crypto companies top 100 list ■ @aifinpay launches autonomous AI payments on Polygon ■ @Quicknode launches 1M free RPC requests/month via x402 on Polygon
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Polygon | POL (@0xPolygon)
Here's what you missed this week on Polygon: ■ @Mastercard launches Agent Pay for Machines with Polygon as founding partner ■ @spikofinance crosses $174M+ tokenized T-bills on Polygon ■ @usetoku launches stablecoin payroll on Polygon for global teams ■ @koshmoney launches USD accounts on Polygon for Asia creators ■ @Levr_Bet crosses $250K Polygon Trails volume for 1-click bet funding ■ @hexens opens Builder Support audit slots for Polygon builders ■ Polygon hits @FortuneMagazine Crypto companies top 100 list ■ @aifinpay launches autonomous AI payments on Polygon ■ @Quicknode launches 1M free RPC requests/month via x402 on Polygon
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CoinDesk (@CoinDesk)
NEW: @Mastercard has launched a payment system designed for AI agents to transact autonomously, with @Coinbase, @Ripple, @Solana and @0xpolygon among 30+ partners already signed on.
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Polygon | POL (@0xPolygon)
Here's what you missed this week on Polygon: ■ @Mastercard launches always-on stablecoin settlement on Polygon ■ @Bitso integrates USDC payments on Polygon ■ @Uniswap hits $100M+ protocol volume on Polygon in 24 hours ■ @jpyc_jp crosses $74M on Polygon in May, its strongest month ever ■ @WalletConnect launches USDT payments on Polygon ■ @symbiosis_fi crosses 2.5x Polygon volume from Feb to May ■ Polygon launches technical preview for the Open Money Stack ■ Polygon crosses $79.25B stablecoin volume in May ■ Polygon hits $2.6T in lifetime stablecoin value moved ■ Polygon mainnet block time reduced to 1.5s, down from 1.75s
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Polygon | POL (@0xPolygon)
Here's what's happened on Polygon: ■ @CashApp launches stablecoin payments on Polygon ■ @BRL1Coin goes live on @capa_fi's payments infrastructure on Polygon, connecting real-pegged stablecoin volume to global rails ■ @Mercuryo_io crosses $10M+ onramp volume on Polygon ■ @BPConsortium launches Open Transaction Layer with Polygon Labs as founding partner ■ @sherlockdefi launches a security engagement on Polygon with rewards ■ @Deel expands stablecoin payroll on Polygon to full-time employees worldwide ■ @DptPay launches on Polygon with stablecoin-powered card payments ■ Programmable auth/capture launches at the wallet layer for Polygon's Open Money Stack ■ Polygon crosses $2.5 trillion in lifetime stablecoin volume ■ Polygon turns 6
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Polygon | POL (@0xPolygon)
Scalable infrastructure needs a scalable coordination layer above it. Identity, compliance, transaction messaging. That's why we're a founding partner of the Open Transaction Layer through @BPConsortium → http://otl.network
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Polygon | POL (@0xPolygon)
BREAKING: @CashApp enables USDC payments on Polygon
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Polygon | POL (@0xPolygon)
New: @Deel launches stablecoin salary payouts on Polygon for employees.
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Polygon | POL (@0xPolygon)
Assetera and Deploi are moving institutional capital markets onchain, launching direct issuance infrastructure for private credit. Live on Polygon.
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Polygon | POL (@0xPolygon)
More institutional-grade privacy options are live with Polygon CDK. Launch a custom private chain connected to global onchain liquidity, with a new validium configuration powered by @SuccinctLabs. Private where it matters. Actually connected where it counts.
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Polygon | POL (@0xPolygon)
New Privacy Upgrade for Polygon CDK: Launch Private Chains Connected to Global Liquidity Chose your level of privacy with Polygon CDK: institutional-grade confidentiality for custom blockchains, powered by @SuccinctLabs. Transaction data is designed to stay inside infrastructure your institution owns and operates, with native access to the Open Money Stack for fiat ramps, wallets, and global liquidity. Under the hood, CDK now offers a validium configuration with privacy powered by Succinct. Ethereum receives only a cryptographic commitment and a zero-knowledge proof. It verifies the chain is operating correctly without seeing the transactions. Private data, public verification Raw transaction data never hits a public network. Batch data stays in an institution-operated data availability environment. Ethereum receives a cryptographic commitment and a zero-knowledge proof. Ethereum confirms the chain is operating correctly. It never sees the transactions. The proving system is Succinct's SP1 Hypercube, already in production on Katana Network. Settlement is based on validity proofs, not a trusted operator with visibility into institutional data. Composable privacy Role-based access controls gate RPC endpoints and block explorers through enterprise identity systems like Okta or Azure AD. Policies are enforced at the contract and function level. Counterparties see only the transactions they participate in. Auditors get scoped read access. Regulators get selective disclosure. Chain operators retain full visibility. Even operational metadata (block contents, transaction counts, gas usage) does not need to be publicly exposed. Privacy is a spectrum CDK gives institutions five levels they can compose, with no migration between them: 1. Permissioned access: role-based RPC, private explorer, enterprise SSO through Gateway. Access control without data confidentiality. 2. Confidential chain (validium): transaction data stays inside the institution's infrastructure. Only a cryptographic fingerprint settles to Ethereum. This is the newest config., built with Succinct. 3. Confidential compute (TEE): trusted execution environments for workloads sealed even from the chain operator. Dark-pool matching, encrypted RFQ, sealed-bid auctions. 4. Confidential tokens (FHE): fully homomorphic encryption on permissioned token rails. Balances and transfer values stay encrypted onchain. Precedent: Apex Group's T-REX Ledger with Zama on ERC-3643. 5. Confidential user transactions (client-side ZK): shielded pools at the wallet layer through Hinkal. Senders, receivers, and amounts unlinkable onchain. Selective disclosure to auditors through viewing keys. Start at one level. Compose more as requirements evolve. Liquidity stays open Every CDK chain ships connected to Agglayer. A private CDK chain reaches Ethereum, connected L1s and L2s, and non-EVM networks, like Miden, through the same ZK-proven settlement layer. When a regional bank launches stablecoin rails on a private CDK chain, its clients settle with counterparties on other chains, tap stablecoin liquidity elsewhere, and access the full stack of ramps and offramps in the Open Money Stack. The chain is private. The economy around it is not. Own your rails A private CDK chain is built for institutions that are already past the question of whether to come onchain and are now asking how to do it without compromising on privacy, compliance, or ownership. The following types of institutions may benefit from the Open Money Stack, subject in each case to applicable laws and regulations: Banks launching tokenized deposit products Payments companies standing up stablecoin corridors Asset managers issuing tokenized funds Regional banks offering stablecoin rails to corporate clients Crypto-native teams that need high throughput with enterprise SLAs Polygon CDK is private where it matters. And actually connected where it counts. If your team is evaluating private chain architectures for tokenized deposits, settlement, or stablecoin rails, reach out.
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Huma Finance (@humafinance)
Another incredible week for PayFi and our ecosystem partners. From global payment giants to the largest allocators, PayFi was the theme of the past week. Headlines ↓ 1️⃣ @WesternUnion, one of the largest payment networks, launched @USDPT_ on @solana via @Anchorage. 2️⃣ Kraken parent @Payward acquired @reapglobal for $600 million, expanding @PaywardServices with globally regulated card issuance and stablecoin payments. 3️⃣ @Visa expanded stablecoin settlement to Arc, Base, Canton, Polygon, and Tempo as volume reaches $7B with 50% QoQ growth. 4️⃣ @a16zcrypto raised $2.2B for their new fund, highlighting payments and on-chain finance as the leading use cases. 5️⃣ @HaunVentures raised $1B to invest in the new financial infrastructure including payments, banking, capital markets, custody, foreign exchange, as well as the agentic economy. 6️⃣ Huma selected @chainlink’s CCIP for cross-chain expansion of yield products, enabling the expansion of PST across chains while maintaining the highest level of security. 7️⃣ @raincards is now a @mastercard Principal Member. Stablecoin card infrastructure, now with global network reach. 8️⃣ @jpmorgan's 2026 Payments Outlook Report reiterates, “The next generation of payments will be defined by liquidity." 9️⃣ @Tether launched Developer Grants Program to fund local-first AI and payments infrastructure. 🔟 @fun announced $72 million Series A, co-led by @multicoin and @SignalFire to modernize global payments for modern fintechs. 1️⃣1️⃣ @Meta begins offering USDC creator payouts to wallets on Solana and Polygon.
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