- Oobit announces support for Polygon, allowing users of the network to pay with stablecoins at 150 million merchants that accept Visa.
- Oobit converts stablecoins into local currencies and attracts a wide network of sellers who do not wish to pay in cryptocurrencies.
Stablecoin payments through the Polygon network are now available at over 150 million merchants worldwide that accept Visa.
The payments are made possible by Oobit, a cryptocurrency payments processor that announced this week that it supports on-chain real-world spending for USDT, USDC, DAI, and other stablecoins held at Polygon. Users can skip the bridging and transfer process and make payments directly from the wallet they use to access Polygon tokens.
105,000,000 Visa merchants around the world accept stablecoins as payments on Polygon via @oobit.
Connect payment chains directly to everyday commerce. In-store and online. https://t.co/xlY4VfJdKu
— Polygon | POL (@0xPolygon) March 2, 2026
Oobit explained that Polygon is one of the most cost-effective blockchains, processing millions of transactions for less than a cent and transaction finality in less than three seconds. We process 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 lagged behind in real-world usage is that few merchants want to hold digital assets due to their instability. Stablecoins have alleviated this challenge, but require users to set up and maintain wallets, and merchants need to convert back into fiat currency to pay suppliers, further complicating the process and incurring additional costs.
Oobit solves this problem by allowing merchants to accept payments in local fiat currency while also accepting payments in digital assets. Oobit automatically converts cryptocurrencies to pre-configured fiat currencies.
Using Polygon Stablecoin in the real world
Oobit allows Polygon users to make payments at any merchant that accepts Visa cards in retail, travel and reservation services, online platforms, and more. Similar to Apple Pay and WeChat Pay, you can make payments by scanning codes directly through Polygon Wallet.
This integration reduces costs for both merchants and consumers. Most payment and banking apps charge customers a fee for merchant payments. For Visa, merchants typically pay up to 3.5% to payment processors in interchange and processing fees. Polygon charges only $0.002 to $0.01 per transaction.
Oobit CEO Amran Adar said that the company is pushing to integrate cryptocurrency payments into its retail services, as low fees will determine whether cryptocurrencies penetrate the mainstream payments world. He added:
Polygon delivers transaction costs measured to the nearest penny with near-instant confirmation. That’s the infrastructure needed for retail payments. Users who hold stablecoins on the network can now use them anywhere Visa is accepted. The network finally had direct access to global commerce.
This new integration is tied to Polygon’s announcement that real-world payments will increase in 2026, primarily through JPYC and BBRL stablecoins. As reported by CNF, the former is a yen-backed cryptocurrency targeted at the Japanese retail market, while the latter focuses on Brazil’s currency and liquidity needs.
The network also recently partnered with Oku, a global payroll platform with more than 1 million daily active users, targeting the $50 trillion global payroll market, as detailed by CNF.
