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Polygon: Block time shortened to 1.75 seconds, stablecoin payment infrastructure expanded
CryptoWorld News reports that Polygon has announced that its average block time has been shortened to 1.75 seconds—its first reduction since launch—aimed at expanding the infrastructure for stablecoin payments and institutional settlement tools. Polygon software engineer Lucca Martins said that this change will increase theoretical throughput to approximately 3,260 transactions per second, enabling about 14% more payments to be processed each second. According to Polygon Improvement Proposal PIP-86, future plans call for further reducing block time to 1.5 seconds and decreasing checkpoint rewards to keep the annual POL token emissions close to 1%. In addition, Polygon has introduced a wallet feature that, through integration with Hinkal, routes stablecoin transfers to a protected pool verified via zero-knowledge proofs, ensuring transaction-detail privacy while meeting compliance requirements. Polygon Labs disclosed in its April report that it plans to seek up to $100 million in additional funding for its payment stack. Data shows that Polygon’s stablecoin market cap reached $3.6 billion on April 10, making it one of the larger chains for stablecoin activity.