Polygon has made a breakthrough in the US Web3 payment space. This development includes a regulated payment framework spanning 48 US states, a two-way conversion channel between fiat and crypto assets, and access to a network of over 50,000 fiat-crypto merchants. In terms of market size, this blockchain payment infrastructure rollout in the US unlocks enormous ecosystem opportunities — not only in terms of merchant coverage but more importantly in establishing compliant payment channels, which could reshape the role of cryptocurrencies in traditional commerce.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
20 Likes
Reward
20
9
Repost
Share
Comment
0/400
BearMarketSurvivor
· 01-16 14:50
Does Polygon really want to take off? All 48 states have approved it, or what's going on... We’ll have to see how it’s implemented later.
---
50,000 merchants sound impressive, but how much actual transaction volume is there? Still just on paper.
---
Breaking through compliance channels is indeed impressive, but it feels like the US has been testing the bottom line of crypto all along.
---
It's Polygon again, and then "breakthrough"... I'm tired of hearing these words. Let’s wait until someone actually uses it.
---
If the two-way conversion channel can really be implemented, it would be a big boost for the stablecoin ecosystem.
---
I just want to know how the fees are calculated. Can they be cheaper than traditional payments?
---
Once the US compliance framework matures, other countries will have to follow suit. That’s when the competition truly begins.
---
Merchants have onboarded 50,000, but how many are active daily? That’s the real key.
---
Polygon has been working seriously these past few years, unlike some chains that just shout slogans.
View OriginalReply0
ShitcoinArbitrageur
· 01-16 07:45
Polygon this time really has something, covering all 48 states... But the key still depends on whether the 50,000 merchants are truly active, and not just on paper.
Compliance payments are going to be hot, finally able to use crypto openly and legitimately, no more hiding.
What does 50,000 merchants mean? Have they truly integrated into daily payments, or is it just hype again?
Can this change mainstream perception this time? I'm a bit hopeful.
View OriginalReply0
AmateurDAOWatcher
· 01-15 19:06
Polygon this wave indeed has some substance. If it covers all 48 states, compliance will finally not be such a bottleneck anymore.
---
50,000 merchants onboarded... sounds very impressive, but I wonder how many are actually actively using it.
---
Reshaping role positioning? Sounds good, but the key still depends on transaction volume and real-world application.
---
The bidirectional conversion channel is indeed opened, but will US regulations cause more trouble again?
---
I just want to know if this is really a direct benefit for MATIC holders.
---
Covering all 48 states sounds very difficult; there are definitely many pitfalls in the details.
---
Compliance payment channels... sounds like betting that US policies won't suddenly reverse, quite a bold move.
---
50,000 merchants sounds like a lot, but compared to traditional payment networks, it's still a small stream.
View OriginalReply0
tokenomics_truther
· 01-15 13:43
Polygon is really showing some potential this time... Covering all 48 states and adding 50,000 merchants, the compliance step has finally been completed.
That said, whether this can truly break out depends on whether merchants are willing to genuinely adopt it.
50,000 merchants sounds like a lot, but how many will actually survive?
It's called a payment revolution in a good way, but the bad news is that US regulators are still watching.
The key is to have real transaction volume to support it; otherwise, it's all just numbers game.
Polygon's hand is pretty good, but don't get too excited too early... Whether the scale can translate into commercial value is the real point.
Why does it always seem like the market doesn't react much after these positive news announcements...
View OriginalReply0
zkProofGremlin
· 01-14 12:03
Polygon is really playing chess this time; deploying across 48 states is no small feat.
View OriginalReply0
MemecoinTrader
· 01-14 12:00
ngl polygon's playing 4d chess here... 48 states compliance is literally the narrative multiplier we've been waiting for 📈
Reply0
GateUser-9f682d4c
· 01-14 11:59
It looks like the US is finally serious about this, with all 48 states covered... The compliance path has truly been paved.
View OriginalReply0
MoneyBurnerSociety
· 01-14 11:57
The compliant channel has been opened, and our group of negative alpha traders' arbitrage opportunities are also unlocked haha
Polygon is serious this time, what does connecting 50,000 merchants mean... it means I have 50,000 more places to lose money
Covering 48 states is indeed impressive, but I still think I will lose money on on-chain transaction fees with my 5-dollar bets due to operational costs
This time is really different, right? Compliance + payment infrastructure... hmm, no wait, usually it's just before the big V's start recommending
The dual-way conversion channel is just a dual-way leek-cutting channel, right? I think I get it now
Forget it, I'll wait and see if there are any large liquidation opportunities—that's my main game
View OriginalReply0
NoStopLossNut
· 01-14 11:43
Being able to reach this level is truly a breakthrough... Compliance should have been addressed long ago.
Polygon has made a breakthrough in the US Web3 payment space. This development includes a regulated payment framework spanning 48 US states, a two-way conversion channel between fiat and crypto assets, and access to a network of over 50,000 fiat-crypto merchants. In terms of market size, this blockchain payment infrastructure rollout in the US unlocks enormous ecosystem opportunities — not only in terms of merchant coverage but more importantly in establishing compliant payment channels, which could reshape the role of cryptocurrencies in traditional commerce.