Förstå polygon
Polygon is a layer 2 solution built on the Ethereum blockchain. It offers similar advantages and use cases to Ethereum, but with key enhancements. The carbon-neutral, frictionless platform enables users to experience lower transaction fees and faster processing times, creating a scalable and efficient environment that promotes Web 3 development and user engagement.
BitPay Integrates MATIC Payments for Merchants
Polygon’s native token, $MATIC, is an ERC-20 token, making it fully compatible with other Ethereum-based projects. Additionally, it serves as the network’s governance token, allowing users to pay transaction fees and engage in decentralized applications.
Through a new partnership with BitPay, users will be able to make payments with MATIC directly through Polygon wallets. This integration allows access to other ERC-20 tokens available on Polygon, such as USDC, DAI, BUSD, and WBTC, expanding the available options for users.
Panini America Leads as the First Merchant to Accept MATIC via BitPay
Panini America has become the first merchant to accept MATIC payments through BitPay. The company is a global leader in the sticker and trading card collectibles industry, offering more than 1,000 collection launches annually. Panini’s customers can now access thousands of NFTs associated with major sports leagues such as the NBA, NFL, and NHL.
Jason Howarth, Vice President of Panini America, shared his excitement about supporting another cryptocurrency, highlighting the significance of adding a coin closely tied to the NFT market. He emphasized that partnering with BitPay was a strategic move to provide more payment flexibility to their users, especially as the NFT market evolves.
Why Polygon Is Gaining Popularity
Polygon hosts well-known companies and projects like OpenSea, Aave, and Uniswap, gaining attention for its low fees and fast transactions that enhance scalability. The network’s carbon-neutral approach has also drawn institutional interest. Companies like Starbucks, Robinhood, Stripe, Reddit, DraftKings, and Meta are all tapping into Polygon’s potential as a gateway to Web 3. Notably, the network boasts over 37,000 Dapps.
Sandeep Nailwal, co-founder of Polygon, stated that the partnership with BitPay opens up new commercial opportunities for MATIC, allowing it to be used globally with merchants like Airbnb and Shopify for the first time. This partnership enhances the utility of MATIC and further strengthens the Polygon ecosystem.
BitPay’s CEO Discusses Polygon’s New Role
Stephen Pair, CEO of BitPay, shared his thoughts on adding new tokens to BitPay’s portfolio. He emphasized that the key factors in choosing which cryptocurrencies to support include their payment utility and the strength of their community. Pair noted that adding MATIC to BitPay’s offerings enables merchants to accept fast and secure payments, providing an alternative to traditional payment methods and promoting blockchain-based transactions.
Merchants will automatically be updated to accept MATIC payments with no action required on their part. Customers can pay using the BitPay wallet or any other wallet that supports MATIC payments. In addition to MATIC, BitPay supports 15 other cryptocurrencies, including Litecoin (LTC), Ripple (XRP), ApeCoin (APE), Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB), Ethereum (ETH), Bitcoin Cash (BCH), and Wrapped Bitcoin (WBTC), as well as six stablecoins, including Binance USD (BUSD), USDC, Gemini Dollar (GUSD), Pax Dollar (USDP), EuroCoin (EUROC), and DAI.
