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Polygon Cuts Staff Again as Coinme Acquisition Nears

Crypto Daily·July 18, 2026·1 min read
Polygon Cuts Staff Again as Coinme Acquisition Nears

Polygon Labs is cutting staff again as its acquisition of Coinme nears completion. The Polygon network has a stablecoin supply of $3.37B and processed $9.12B in volume during June. The layoffs and acquisition mark a significant restructuring for the layer-2 platform as it prepares for the next phase of growth.

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