Polygon Labs CEO: Stablecoins Will Significantly Improve Capital Utilization and Spending Efficiency

Odaily News Polygon Labs CEO Marc Boiron stated that stablecoins will drive substantial growth in spending. As capital efficiency improves, banks' profits derived from the inefficiencies of traditional payment systems will decline, while businesses and consumers will have more capital available for spending.

Marc Boiron pointed out that idle funds in pre-funded accounts, settlement delays, bank cut-off times, and dormant balances suppress economic growth far more than most people realize. Stablecoins enable the same amount of capital to support more procurement, inventory, payroll, and cross-border trade.

He believes that the winners of the next round of payment competition will be those who can help enterprises achieve millisecond-level payments.