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Polygon reduces block time amid stablecoin push – TON BOT

Polygon reduces block time amid stablecoin push

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Polygon has reduced its average block time to 1.75 seconds to increase transaction throughput for stablecoin payments and DeFi activity. The network also introduced shielded stablecoin transfers and compliance checks. Polygon aims to increase its theoretical throughput to 3,260 transactions per second and plans further block time reductions. Businesses require privacy for financial activities, and Polygon is expanding stablecoin infrastructure for institutions. Visa has added Polygon to its stablecoin settlement pilot, and Meta Platforms began offering USDC payouts on Polygon. Despite upgrades, Polygon’s token trading is down 54% over the past year.

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