- Oobit has announced support for Polygon, allowing users of the network to make stablecoin payments at 150 million merchants that accept Visa.
- Oobit converts stablecoins into local currencies, attracting a wide network of sellers who do not want to be paid in crypto.
Stablecoin payments through the Polygon network are now available to more than 150 million merchants worldwide who accept Visa.
The payments are powered by Oobit, a crypto payments processor that announced this week that it would support on-chain, real-world spending for USDT, USDC, DAI and other stablecoins on Polygon. Users can make payments directly from the wallet they use to access their Polygon tokens, skipping the bridging and transferring processes.
150,000,000 Visa merchants around the world now accept stablecoins as payment on Polygon via @oobit.
Connecting the payment chain directly to everyday commerce. In store and online. https://t.co/xlY4VfJdKu
— Polygon | POL (@0xPolygon) March 2, 2026
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 every day. However, most of these transactions are limited to digital asset trading, DeFi, and other blockchain use cases.
One of the main reasons why blockchain networks have fallen behind real-world use is that few sellers want to hold digital assets due to their volatility. Stablecoins have eased this challenge, but also require users to set up and maintain wallets and require merchants to switch back to fiat to pay their suppliers, further complicating the process and adding costs.
Oobit solves this by allowing merchants to accept digital asset payments while receiving payments in local fiat currency. Oobit automatically converts the crypto to the preset fiat currency.
Spending Polygon Stablecoins in the real world
Oobit allows Polygon users to 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 wallet, as they would with Apple Pay or WeChat Pay, and make the payment.
The integration will reduce costs for both the merchant and the consumer. Most payment and banking apps charge their customers for payments to merchants. With Visa, the merchant typically pays up to 3.5% to the payment processor as interchange and processing fees. Polygon only charges €0.002 to €0.01 per transaction.
Oobit CEO Amran Adar said his company has been pushing to integrate crypto payments into retail services because low fees will determine whether crypto ever penetrates mainstream payment circles. He added:
Polygon delivers transaction fees measured in fractions of a cent with near-instant confirmations. That’s the infrastructure that retail payments need. Now, users with stablecoins on the network can spend them anywhere Visa is accepted. The network finally has direct access to global trade.
The new integration follows an announcement from Polygon that real-world payments will increase by 2026, mainly thanks to JPYC and BBRL stablecoins. The former is a yen-backed cryptocurrency 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 described by CNF.