The post %titlePolygon’s MATIC token tests support as stablecoin thesis builds% appeared on BitcoinEthereumNews.com. Polygon’s stablecoin role could revive its struggling token, but competition and weak volumes keep outlook uncertain. Summary Polygon positions itself as core settlement layer for bank, fintech, and commerce stablecoins. Execs see 100,000+ stablecoins by 2030, with banks using deposit tokens on-chain. MATIC holds key support with oversold momentum, but volumes thin and L2 rivals strong. Polygon’s native token faces scrutiny as market analysts examine whether anticipated growth in stablecoin adoption could reverse the cryptocurrency’s recent underperformance, according to industry observers. The Polygon blockchain network has positioned itself within the expanding stablecoin infrastructure as adoption increases across banking institutions, fintech platforms, and commerce networks. Market participants are evaluating whether increased stablecoin activity could drive demand and utility for Polygon’s token. Polygon Real-world assets Aishwary Gupta, Polygon’s Global Head of Payments and Real-World Assets, projects that over 100,000 stablecoins will be issued by 2030, according to statements reported by industry sources. The forecast includes issuance not only by cryptocurrency-native companies but also by banks, corporations, sovereign governments, and global commerce platforms. According to Gupta’s analysis, the trend reflects a transition from speculative cryptocurrency applications to infrastructure-level digital currency systems. Banks seek to retain capital that might otherwise flow to higher-yield on-chain assets, while corporations pursue closed-loop currencies designed to retain consumer value within their ecosystems. Gupta stated that stablecoins enhance rather than weaken monetary control, citing USD-denominated stablecoins as having increased global dollar demand. The executive indicated that banks may issue deposit tokens enabling users to transact on blockchain networks without moving funds off institutional balance sheets. Polygon’s infrastructure features low transaction fees and high throughput capacity, with integrations across payment networks including Visa, Stripe, Shopify, and Revolut, according to company information. The network processes millions of transactions daily and maintains substantial stablecoin supply. Recent data indicates Polygon processed significant transaction… The post %titlePolygon’s MATIC token tests support as stablecoin thesis builds% appeared on BitcoinEthereumNews.com. Polygon’s stablecoin role could revive its struggling token, but competition and weak volumes keep outlook uncertain. Summary Polygon positions itself as core settlement layer for bank, fintech, and commerce stablecoins. Execs see 100,000+ stablecoins by 2030, with banks using deposit tokens on-chain. MATIC holds key support with oversold momentum, but volumes thin and L2 rivals strong. Polygon’s native token faces scrutiny as market analysts examine whether anticipated growth in stablecoin adoption could reverse the cryptocurrency’s recent underperformance, according to industry observers. The Polygon blockchain network has positioned itself within the expanding stablecoin infrastructure as adoption increases across banking institutions, fintech platforms, and commerce networks. Market participants are evaluating whether increased stablecoin activity could drive demand and utility for Polygon’s token. Polygon Real-world assets Aishwary Gupta, Polygon’s Global Head of Payments and Real-World Assets, projects that over 100,000 stablecoins will be issued by 2030, according to statements reported by industry sources. The forecast includes issuance not only by cryptocurrency-native companies but also by banks, corporations, sovereign governments, and global commerce platforms. According to Gupta’s analysis, the trend reflects a transition from speculative cryptocurrency applications to infrastructure-level digital currency systems. Banks seek to retain capital that might otherwise flow to higher-yield on-chain assets, while corporations pursue closed-loop currencies designed to retain consumer value within their ecosystems. Gupta stated that stablecoins enhance rather than weaken monetary control, citing USD-denominated stablecoins as having increased global dollar demand. The executive indicated that banks may issue deposit tokens enabling users to transact on blockchain networks without moving funds off institutional balance sheets. Polygon’s infrastructure features low transaction fees and high throughput capacity, with integrations across payment networks including Visa, Stripe, Shopify, and Revolut, according to company information. The network processes millions of transactions daily and maintains substantial stablecoin supply. Recent data indicates Polygon processed significant transaction…