출처: Block Media
Polygon Labs and DeCard Revolutionize Stablecoin Payments Across 150 Million Global Merchants
A groundbreaking collaboration between Polygon Labs and DeCard is set to transform stablecoin usability, enabling holders of USDT and USDC to make payments across a vast network of 150 million merchants globally. Announced in a report by BeInCrypto on October 29, this innovation bridges the existing gap in stablecoin functionality, elevating their potential as a practical payment solution beyond trading and decentralized finance (DeFi) use cases.
Bridging the Utility Gap in Stablecoin Payments
DeCard, previously known as Diners Club Singapore, has integrated support for the Polygon network to create a seamless payment infrastructure using stablecoins. As part of this strategic alliance, users can now deposit Polygon-based stablecoins, including USDC and USDT, directly into their DeCard and DeCard Luminary accounts for real-world transactions. This integration functions as a critical bridge between blockchain assets and established merchant payment networks, addressing the long-standing limitation in stablecoin applications.
Polygon Labs highlighted the importance of this partnership on their official channels, stating, "What's the point of holding stablecoins if you can't make payments with them? We've partnered with DeCard to launch a USDC and USDT payment integration service, enabling users to spend seamlessly, anywhere, instantly. By making money usage faster and more affordable, we’re bringing crypto into everyday life."
Despite the global supply of stablecoins exceeding $300 billion, their application has largely been confined to crypto trading and DeFi sectors. Statistics reveal that stablecoin transactions make up less than 1% of global financial flows. By facilitating everyday payments, the collaboration between Polygon Labs and DeCard marks a significant milestone in elevating stablecoins into mainstream financial tools.
The Rise of Stablecoins on Polygon
Polygon is rapidly emerging as one of the premier platforms for stablecoin transactions within the blockchain landscape. With $3 billion in assets supported on the network, Polygon empowers users with cost-effective payment capabilities, offering USDC microtransactions at fees as low as $0.001. This advanced infrastructure not only strengthens Polygon’s position as an industry leader but also provides a scalable foundation for widespread stablecoin adoption.
Industry-Wide Movement Toward Stablecoin Payments
October revealed an evolving trend of stablecoin adoption in commercial sectors. Leading global payment companies like Western Union have initiated tests for using stablecoins in cross-border remittances and global transactions. Meanwhile, Japan has launched its first yen-backed stablecoin for domestic payments, signaling wide-ranging interest in stablecoin solutions. Additionally, reports show that stablecoin transaction volumes surged by 70% this year, with their utility expanding across sectors including e-commerce, luxury services, and more.
Joan Han, Chief Operating Officer of DeCard, stressed the importance of simplicity in blockchain-enabled payments, stating, “Our focus is on making stablecoin transactions as intuitive as any other payment method.” Marc Boiron, CEO of Polygon Labs, reinforced this sentiment, adding, “This collaboration truly brings stablecoins into daily use, driving us closer to achieving financial freedom through blockchain technology.”
Shaping the Future of Payments
The partnership between Polygon Labs and DeCard exemplifies the operational convergence of blockchain technology with regulated financial systems. By integrating stablecoin payment solutions into merchant networks, this initiative creates new opportunities for cross-border commerce and retail transactions. As more financial institutions and global merchants adopt these innovative payment methods, stablecoins could play a pivotal role in redefining industry norms, paving the way for efficiency, accessibility, and broader cryptocurrency adoption worldwide.
