Polygon Enables Stablecoin Payments at 150M Visa Merchants Worldwide

• Oobit has announced support for Polygon, allowing users of the network to make stablecoin payments at 150 million merchants who accept Visa.
• Oobit converts stablecoins into local currency, attracting a wide network of merchants who do not want to be paid in crypto.

Stablecoin payments via the Polygon network are now available to over 150 million merchants worldwide that accept Visa.

The payments have been enabled by Oobit, a crypto payments processor that announced this week it would support on-chain, real-world spending for USDT, USDC, DAI and other stablecoins held on Polygon. Users can make payments directly from the wallet they use to access their Polygon tokens, skipping the bridging and transfer processes.

Oobit described Polygon as one of the most cost-efficient blockchains, processing millions of transactions for less than a cent each, with transaction finality of less than 3 seconds. It processes billions of dollars daily. However, most of these transactions are limited to digital asset trading, DeFi and other blockchain use cases.

One of the main reasons blockchain networks have lagged behind in real-world uses is that few merchants want to hold digital assets due to their volatility. Stablecoins have eased this challenge, but they also require users to set up and maintain wallets, and the merchants would need to convert back to fiat to pay their suppliers, further complicating the process and incurring extra costs.

Oobit solves this by enabling merchants to accept digital asset payments while receiving payment in local fiat currencies. Oobit converts the crypto automatically into the preset fiat currency.

Spending Polygon Stablecoins in the Real World

With Oobit, Polygon users can pay at any merchant that accepts Visa cards across retail, travel and booking services, online platforms and more. They can scan a code directly through their Polygon wallets, as they would with Apple Pay or WeChat Pay, and make the payment.

The integration will cut costs for both the merchant and the consumer. Most payment and banking apps charge their customers a fee for merchant payments. With Visa, the merchant usually pays up to 3.5% to the payments processor as interchange and processor fees. Polygon charges only $0.002 to $0.01 per transaction.

Oobit CEO Amran Adar said his company has pushed to integrate crypto payments into retail services, as low fees will determine whether crypto ever breaks into mainstream payments circles. He added:

The new integration ties into an announcement from Polygon that its real-world payments have been rising in 2026, driven mainly by JPYC and BBRL stablecoins. The first is a yen-backed crypto that targets the Japanese retail market, while the latter focuses on forex and liquidity needs in Brazil, as CNF reported.

The network also recently partnered with Toku, a global payroll platform with more than 1 million daily active users, to target the $50 trillion global payroll market, as detailed by CNF.