According to Odaily Planet Daily, Polygon Labs developers plan to increase the network's single-block transaction capacity by 33% in the fourth quarter of this year by raising the block gas limit to meet the growing demand of the stablecoin market in advance.

Adam Dossa, Polygon's vice president of engineering, stated that the move aims to prevent significant blockchain congestion and provide stronger support for stablecoin payments and the transfer of RWAs (such as tokenized U.S. Treasury bonds). Currently, the stablecoin inventory on Polygon exceeds $3 billion, and the monthly volume of peer-to-peer stablecoin transactions has increased by nearly 40% year-over-year.

U.S. Treasury Secretary Scott Bessent predicts the market capitalization of U.S. dollar-denominated stablecoins will reach $2 trillion in the future, and industry analysts share this optimistic outlook. Polygon's upgrade increases block capacity from 1,071 transactions to 1,428, and incorporates architectural improvements (such as enabling validators to verify transactions without requiring full state) to mitigate the impact on decentralization and hardware costs. Dossa stated that Polygon's ultimate goal is to achieve 5,000 to 10,000 transactions per second. (DL News)