[Polygon Plans to Raise Up to $100 Million to Expand Stablecoin Payment Business] Odaily Planet Daily News: Polygon Labs is seeking to raise funds for its new stablecoin payment business, with the financing scale estimated between $50 million and $100 million. According to reports, this business will be personally overseen by Polygon CEO Marc Boiron, and the funds will be raised through the sale of equity in the new venture. This fundraising effort comes at a time when the overall crypto market is under pressure, and Polygon aims to achieve business diversification by expanding into the payment sector. Industry consensus suggests that stablecoin payments are one of the few areas in the digital asset space that still hold growth potential. Data indicates that as the application of stablecoins in cross-border settlements continues to expand, their transaction volume could reach extremely high levels over the next decade, further solidifying their role as a foundational element of global payment infrastructure.