Payment processor Shift4 has launched stablecoin settlement services on the Polygon blockchain, enabling its network of hundreds of thousands of merchants to receive payouts 24 hours a day, seven days a week. This integration allows merchants to bypass traditional banking hours and correspondent banking networks, settling transactions in stablecoins like USDC, USDT, EURC, or DAI.
The service supports settlements across multiple blockchain networks, including Polygon (POL), Ethereum (ETH), Solana (SOL), Stellar (XLM), TON (TON), Plasma, and Base. This move is designed to improve liquidity management for businesses operating across time zones and reduce delays associated with weekends and holidays in the traditional financial system.
Shift4, which processes billions of transactions annually, is shifting from experimental blockchain applications to commercial deployment. The integration leverages Polygon's low-fee, high-throughput infrastructure to handle high transaction volumes, positioning the network as a key payment-focused blockchain. The development is part of a broader industry trend moving core payment rails onto blockchain technology.
Polygon's role in global payments is strengthening, with the network attracting enterprise and fintech partnerships focused on payments, asset tokenization, and on-chain financial services. The collaboration requires no specialized blockchain knowledge from merchants, facilitating mainstream adoption.
