On Tuesday, Polygon Labs announced via X that it has partnered with Walapay to accelerate onchain global money movement. Walapay seeks to make cross-border payments faster, cheaper, and more transparent, especially for businesses and individuals in emerging markets.
The partnership enables Walapay to deliver stablecoin-powered payments at internet speed. Polygon empowers Walapay to accelerate the transition of enterprises, financial institutions, and consumers onchain.
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is up 0.3% in the last 24 hours and trades at $0.2173.