Polygon plans to increase trading capacity by 33% in the fourth quarter, betting on $2 trillion stablecoin market

Odaily Planet Daily News Polygon Labs developers plan to increase the network single-block transaction capacity by 33% in the fourth quarter of this year by increasing the block Gas cap, in order to respond to the growth demand of the stablecoin market in advance. Adam Dossa, vice president of engineering at Polygon, said the move aims to avoid serious congestion in blockchain and provide stronger support for stablecoin payments and transmission of RWAs such as tokenized US bonds. Currently, the stock of stablecoins on Polygon has exceeded US$3 billion, and the monthly scale of P 2P stablecoin transactions has increased by nearly 40% this year. U.S. Treasury Secretary Scott Bessent expects the market value of the dollar stablecoin to grow to $2 trillion in the future, and industry analysts are also optimistic. Polygon This upgrade increases block capacity from 1071 transactions to 1428, and cooperates with architectural improvement tests (such as validators verify transactions without full status) to reduce the impact on decentralization and hardware costs. Dossa said Polygon’s ultimate goal is to achieve 5,000 to 10,000 transactions per second. (DL News)