According to Polygon Labs, Visa has added the Polygon network to its global stablecoin payment program. As a result, Visa partners, including card issuers and payment providers, can settle Polygon-based stablecoin transactions, Polygon Labs explained. In this regard, Polygon Labs emphasized, "Polygon is currently one of the blockchains with the highest proportion of dollar-based stablecoin payments, and it is being utilized for large-scale financial settlements based on its fast transaction processing speed and low fees."