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Revolut has reached a significant milestone, recording over $1.2 billion in on-chain transaction volume through the Polygon network. This surge in activity comes as Polygon officially repositioned itself in 2026 as a blockchain network specialized for the payments sector. Originally launched in 2017 as a general-purpose Ethereum scaling solution, the network has evolved its strategy to meet specific institutional demands. By leveraging these Layer 2 scaling solutions, Revolut aims to optimize payment flows and reduce operational costs while maintaining strict regulatory compliance. This move aligns with a broader institutional trend, as industry giants like Mastercard and Western Union increasingly adopt blockchain-based infrastructure for cross-border transactions. Analysts view this development as a clear signal of the growing utility of decentralized networks in the global financial system.
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