Robinhood Will make Critical Announcement for Polygon (MATIC) Community

Even with a sluggish start for MATIC costs in early Q2 of 2024, Polygon (MATIC) experienced a really prosperous interval with on-chain achievements and collaborations.

Thrilling News: Robinhood Wallet adds cross-chain swaps on Polygon (MATIC)

The team at Robinhood Wallet, a popular multi-blockchain trading app, not long ago announced their aid for cross-chain swaps on Polygon’s proof-of-stake (PoS) network. This development was exposed by the Polygon crew on April 27, 2024.

This integration was designed feasible as a result of the collaboration of 0x Venture and LI.FI. infrastructure protocols. Customers can now love cross-chain swaps for all tokens supported by these platforms.

Polygon (MATIC) representatives highlighted that the swap module is now available on-chain for a lot more than 23 million users of the Robinhood application.

Previously, Robinhood produced headlines by being one particular of the to start with platforms to checklist all place Bitcoin ETFs for investing. In December 2023, it expanded its cryptocurrency trading products and services to EU nations around the world, providing Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) for European crypto lovers.

Polygon (MATIC) top blockchain for stablecoins and NFTs in April

For Polygon (MATIC), the announcement by Robinhood marked another significant accomplishment in its Q2 2024 milestones.

Around the earlier thirty day period, Polygon (MATIC) has grow to be the top rated Ethereum Virtual Device blockchain for NFT-similar transactions.

Latest reports show that Polygon (MATIC) has attracted 1.9 million on-chain stablecoin people, surpassing its rivals Ethereum (ETH) and Arbitrum (ARB), who onboarded 1.4 million stablecoin users just about every.