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Polygon Labs plans to increase block capacity to cope with growth demand in stablecoin market

Source: Binance
According to ChainCatcher, Polygon Labs developers plan to increase the network single-block transaction capacity by 33% by increasing the block Gas cap in the fourth quarter of this year. This move is designed to avoid blockchain congestion and support stablecoin payments and RWA transmissions. The stock of stablecoins on Polygon has exceeded US$3 billion, and the monthly scale of P2P stablecoin transactions has increased by nearly 40% this year. U.S. Treasury Secretary Scott Bessent expects the dollar stablecoin market value to grow to $2 trillion in the future. The upgrade will increase block capacity from 1,071 transactions to 1,428, and will be accompanied by architecture improvement testing to reduce the impact of decentralization and hardware costs. The ultimate goal is to achieve 5,000 to 10,000 transactions per second.
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