Wu Says learned that Polygon Labs CEO Marc Boiron posted an announcement saying the company is in the final stage of acquiring Coinme and will integrate its team. To achieve profitability in 2027, Polygon Labs is transitioning from a blockchain foundation to a blockchain payments company. This strategic shift comes with a decision to lay off staff. Marc Boiron said the organizational restructuring is intended to adapt to the company’s shift in business focus from a “foundation” to a “payments company,” rather than being based on the performance of the employees being laid off. Despite steady and stable revenue growth and stablecoin transaction volumes repeatedly setting new highs, the company still needs to optimize its talent structure to maintain long-term sustainable development. In addition, Polygon Labs emphasized that it will provide affected employees with severance pay and career recommendation support.

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MicroLossHunter
· 2h ago
While laying off workers, they’re also buying companies—classic “cut first, then build muscle.” Hoping the severance pay is paid out in full and on time, so the brothers who were laid off don’t end up with not even a shred of comfort.
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PepeCollector
· 5h ago
Is acquiring Coinme meant to make up for shortcomings or to switch to a new track? The playbooks for payment companies and foundations differ too much.
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FragmentGlowFlower
· 5h ago
Is Polygon trying to outcompete traditional payments for market share? Coinme’s branches in Mexico are certainly valuable, but unfortunately the integration team will have to burn some money for a while.
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StablecoinSurf
· 5h ago
No matter how “respectable” they make the layoffs sound, who can truly understand the hardships of low-paid front-line workers? That said, the shift toward payment-related transformation really is a more solid and practical way to make money.
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L2BridgeTicket
· 5h ago
Transitioning from a foundation to a payments company—this move is bold enough. The latest high in stablecoin trading volume shows that demand is indeed there, but profitability won’t come until 2027… can the shareholders really wait that long?
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