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Polygon Shatters Traditional Payment Limits With This New Feature...
Polygon (@0xPolygon) has launched Auth/Capture primitives within its Open Money Stack to bridge the gap between traditional card rails and on-chain stablecoin liquidity.
This new infrastructure allows issuers to place a hold on any ERC-20 asset, including $USDC , $USDT, and $PYUSD, and settle the final amount later without requiring the issuer to take custody of the funds.
The system operates across all major EVM networks, including @Ethereum and @Base, utilizing non-custodial smart contracts that ensure expired holds are released permissionlessly back to the user.
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