LATEST: ⚡ Fintech giant Revolut has expanded its integration with Ethereum layer-2 Polygon to now offer USDC and USDT stablecoin transactions for customers in the UK and the non-EU countries of the European Economic Area. https://t.co/KlRWmpKKVz ...

actualy wait it seems this is all fake news and the same thing is live on Solana?https://t.co/Et98bOQJ5Kvibhu (@vibhu):Short story of how crypto companies wage narrative wars through propaganda:- Polygon posts blog saying they are the "go-to stack for stablecoin transfers and payments" for Revolut- And yet, this same functionality is live on Revolut with @Solana and other chains already and ...

RT vibhu (@vibhu)Short story of how crypto companies wage narrative wars through propaganda:- Polygon posts blog saying they are the "go-to stack for stablecoin transfers and payments" for Revolut- And yet, this same functionality is live on Revolut with @Solana and other chains already and directly conflicts with the language- Polygon deletes blog post but syndications and news articles like below remain, and false info can't be put back in the bag ...

Partnerships & Technology - Revolut is partnering with Ethereum scaling network Polygon [1] - The partnership aims to facilitate crypto remittances and stablecoin payments [1]

Core Insights - Polymarket, a leading prediction market in the crypto space, achieved a trading volume of $3 billion in October with 338,000 unique traders [1] - The platform operates on the Polygon network and primarily utilizes Circle's stablecoin USDC for transactions [1] Industry Overview - The prediction market sector is gaining mainstream traction, with Polymarket leading in trading activity and user engagement [2] - Kalshi, another prediction market, reported an even higher trading volume of $4.4 billion, indicating growing competition in the industry [2] - The demand for prediction markets is increasing due to clearer regulations and significant partnerships, such as Polymarket's collaboration with UFC and indexing by Yahoo Finance and Google [3] Company Developments - Polygon is experiencing increased adoption and integrations, highlighted by Polymarket's success, which is contributing to the growth of its DeFi ecosystem [4] - Revolut, Europe's largest fintech, has selected Polygon as the official network for stablecoin payments, further enhancing Polygon's utility for crypto trading and staking [4] - The native token of Polygon, POL, has seen a positive market reaction following the news of the partnership with Revolut, trading at $0.1522, reflecting an increase of 1.63% in the last 24 hours and 8.7% from a recent low [5]

Revolut, Mastercard tap Polygon for new integrations https://t.co/H4YNK6F5Ap ...

this is the 3rd big deal Solana has lost recentlynot paying for deals was the right idea 3y ago when Solana's tech was clearly 10x the restbut as that level gets commoditized, I'm not sure it's a winning moveneed to ramp up killer sales and AE motion or risk deathDEGEN NEWS (@DegenerateNews):NEW: REVOLUT CHOOSES POLYGON AS GO-TO CRYPTO RAILS FOR PAYMENTS, TRADING, AND STAKING, PROCESSING $690M TO DATESOURCE: https://t.co/uOjHDbL77Y https://t.co/E78IxmrEkw ...

Core Insights - Polygon Labs and Revolut have partnered to enable crypto payments and remittances across Europe, allowing Revolut's 65 million users to utilize stablecoin-powered money transfers [1][8] - Since the launch of this feature in December 2024, Revolut has processed over $690 million in transactions on the Polygon network [1][4] Group 1: Partnership Details - Revolut's integration allows users in the UK and the European Economic Area to send USDC, USDT, and POL via the Polygon network through the Revolut app, with transfers settling in seconds and incurring minimal gas fees [2][3] - The partnership expands Revolut's crypto offerings, including trading of POL and in-app staking with yields up to 4% APY [3][4] Group 2: Market Impact - In the last 30 days, stablecoins on Polygon processed over 153 million transactions, with the total supply of stablecoins on the network reaching $3.6 billion [4][5] - Revolut joins other institutions like Stripe and Reliance Jio in utilizing Polygon for payment infrastructure, indicating growing confidence in Polygon's performance in regulated financial environments [5][6] Group 3: Future Prospects - The partnership is seen as the first phase of a broader collaboration, with expectations for additional Web3-enabled products and ecosystem announcements [8] - This collaboration aims to enhance global money movement and bridge the gap between Web2 financial services and Web3 infrastructure, paving the way for new applications in remittances and digital asset management [8][6]

If you’re on Revolut, you’re already on Polygon. ...

Revolut joins a growing list of TradFi leaders embracing blockchain to enable real-world use for mainstream finance.This is just the first phase of a larger collaboration. We’re excited to continue our work with the team, as we power the next generation of instant, borderless money movement. ...