-
'Near-Instant Finality': Are Stablecoins Ready To Fix Settlement Inefficiencies?
Thursday, December 19, 2024 - 11:03am | 706Stablecoins are emerging as transformative tools in global financial systems, offering faster settlements and reduced costs. However, before widespread adoption, the technology faces regulatory, infrastructure, and institutional challenges. That was the consensus among speakers at the Benzinga...
-
The $133 Billion Question: Can Stablecoins Streamline Trade Settlements?
Wednesday, December 18, 2024 - 12:29pm | 603According to some of the industry’s top names, stablecoins could soon transform how institutions settle transactions, addressing inefficiencies in traditional financial systems and opening the door for broader adoption. This was the central focus of a panel discussion at the Benzinga Future...
-
Public Blockchains Set To Play A Central Role In Finance, Says Industry Executive
Monday, November 18, 2024 - 10:46am | 455Polygon Labs anticipates public blockchain technology becoming essential to global financial systems, offering unmatched affordability and liquidity. However, regulatory challenges, particularly around privacy, continue to create obstacles for institutional adoption. Regulatory Challenges in...
-
What Can Clear Crypto's Biggest Hurdles? Expert Says, 'We're Just Focused On Building The Best Tech'
Thursday, September 12, 2024 - 11:20am | 659As the digital asset market faces uncertainty ahead of the 2024 U.S. presidential election, many wonder how potential leadership changes could impact the industry’s future. With regulatory clarity on the horizon, companies are preparing for possible shifts that could bolster or challenge...
-
Polygon Labs To Boost On-Chain Activity With Grants Of 110M MATIC Tokens Worth $78M
Thursday, November 9, 2023 - 4:43pm | 635Polygon Village, owned by Polygon Labs, announced that more than 110 million Polygon MATIC tokens, worth $78 million, will be distributed to projects and builders in the Polygon ecosystem. Polygon Ventures’ Investment Principal Abhishek Saxena is a panelist at Benzinga's Future of Digital...
-
Polygon Labs Announces Layoffs Of 100 Employees: 'A Painfully Hard Decision'
Tuesday, February 21, 2023 - 12:47pm | 454Blockchain company Polygon has announced layoffs of about 100 employees, or 20% of its workforce, impacting multiple teams. The company stated that the move comes as it consolidates its business units under Polygon Labs, after a period of “exponential growth.” Polygon said that it has a...