Hassan Maishera
On Wednesday, Polygon Labs announced via X that Coinbase’s x402 facilitator now supports Polygon.
One line of code to integrate gasless transactions + built-in compliance for agents accepting USDC payments. Polygon is the new chain supported after the initial support for Base and Solana networks.
Coinbase said it chose Polygon because the future of commerce belongs to autonomous agents making high-frequency, low-cost micro-transactions.
Polygon has zeroed in on money movement as its clear focus, and is a premier destination for:
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Pay-per-request RPC calls
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Real-time data lookups
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Machine-to-machine API orchestration
Polygon (PoS) is a Proof-of-Stake scaling solution for Ethereum, and the default choice for sending money onchain. POL serves as the native gas token of this ecosystem, powering all transactions, and staking token, securing the network.
In return for staking, stakers earn rewards, incentivizing network security and participation. They can also become eligible for Agglayer ecosystem airdrops.
A significant application of POL is in the realm of payments and tokenized assets. Businesses and individuals can use POL to make seamless payments, benefiting from its efficiency and low transaction costs. Additionally, POL supports the creation and management of tokenized assets, enabling users to issue and trade digital assets on the Polygon network. This capability is crucial for industries looking to leverage blockchain technology for asset management and transfer.
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 0.5% in the last 24 hours and trades at $0.09770.
