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Bitcoin hits a record monthly close at $107K amid predictions of a 9% rally, but caution grows as sell-side pressure rises and long-term holders sell, though new buyers may be stepping in to support the price.

Polygon’s governance revamp to focus on stablecoin payments and AggLayer

CryptoSlateWednesday, June 11, 2025 at 4:00:54 PM
Polygon’s governance revamp to focus on stablecoin payments and AggLayer
Polygon’s governance is getting a major shakeup, with co-founder Sandeep Nailwal taking the reins as the Foundation’s first CEO. In a recent announcement, Nailwal emphasized his long-term commitment to Polygon’s growth, hinting at a sharper focus on stablecoin payments and their new AggLayer tech. This move signals a push toward tighter integration and usability for the platform.
Editor’s Note: Polygon’s leadership shift isn’t just bureaucratic—it’s a strategic play to streamline decision-making and double down on real-world crypto use cases like stablecoins. For users and developers, this could mean faster innovation and better tools for payments and interoperability. It’s a vote of confidence in Polygon’s future, but the real test will be execution.
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