Sandeep Nailwal - The 2 Quadrillion Dollar Wave - TOKEN2049 Singapore 2026

week you, you is coming crypto till now has always been the speculative asset, it's a new speculative class, but the real-world use case of crypto that has emerged very prominently is the stable coins. And the overall volume, as I said, there's two quadrillion dollars and there are around 3. 6 trillion transactions, the revenue of the payment companies globally is 2.5 . But the R 10.

Probably hundreds of billions of dollars on various chains like in Polygon also does like and every single use case and payments is under 1% that means any part of this payment stack, if anyone of you are building your startup in crypto, any part you have 100x growth available at today's scale and these payments are expected to grow at the continuous space so like have stopped debating. I think many of you guys already know some of these biggest names. In this cross-border, right now, I'm talking about which I told about $2 trillion cross- border payment. banking moves $1.2 trillion a year, right, and J.

P. Morgan moves $15 to $17 trillion trillion a, right, so you can imagine the scale that it operates and all of this is done via correspondent banking system where banks maintain their nostro and It's basically a long list of vendors when a particular large RAM provider, wallet provider, bridge, chain like this, there's a long list of complexity for each one of these businesses. And hence there are some players in this industry . We tell them. We tell them.

s. and you could see like So Polygon We already have the bottom part and we are building towards the other sides of the thing. So, we have like, we recently acquired CoinMe, which aes is a payment provider in US. We are acquiring licenses in Europe, UK and we are acquiring licenses in the US. That's what Poly to move them and everything a handled via the same API.

And I think Stripe C is the truth, that's why I like to use this, because the first, you know, I'm a native company who see the full spectrum of the stable coin, the power that stable coin offers, they are building towards this full end-to-end future, right? So, as I said, that's what Polygon within three months, we'll start doing a billion dollars, volume a month. just top five, top seven, change in terms of the revenue generated and much bigger than most of the larger crypto assets that you see. And all of these fees goes into acquiring a burning pole. And this is like a tweet from Grow The Pie, which shows.

In terms of the Polygon stablecoin transactions, we are bigger than Ethereum L1, we are bigger than Arbitrum and base combined, right? And this is like the stablecoin transactions. If you look at many other matrices like USDT 0 holders, we would be double the second player, right? So a lot of people don't know in crypto that polygon chain and the fundamentals are growing because the token is not doing that great in the markets and people don't realize that the fundamentals continue to grow you know for Polygon and you know all this fees is actually results in the burning of polygons native token the poll token last month we burned hundred million poll tokens the revenue on the chain is already lined up around around 21 million pole for burning and I. I think like every quarter the protocol will will will burn 60 million 200 million pole which is almost 1% of the supply so I think since start deflationary because there is polygon as two percent inflation overall and I think the The chain activity generally offsets offsets it and has made the pole token deflationary this year because of the 10x Ramp up in the revenue we got right and That's that's all from my side but the most important message I want to give to you guys is that the blockchains are going mainstream and stable coins are the biggest use case of crypto that is going mainstream and I believe that you know with the polygon O-MS what we are building is this entire you know regulated payment stack for the banks and the fintechs across the globe and this is alongside our chain infrastructure, the decentralized chain that we have built and that makes polygon very unique and uniquely positioned in this environment because generally you have the mainstream payment providers who are trying to get into crypto whereas you have like the pure crypto blockchains which are considered to be like still a little bit you know kind, kind of black and white or you know kind of region of the in the finance space but Polygon is trying to come in the middle where we have regulated payment rails and everything and then we have our like hardcore crypto infrastructure background and then combine these together when we go to the largest banks and fintechs generally we are the we are like you know one or two R people in the room with like I talked about Stripe also which has this complete end-to-end strategy and that is that is resulting in huge amount of these large brands coming on polygon I think in the next two to three months the kind of brands that we are going to announce to shake the crypto industry that these brands that are day-to-day brands that we know and hear about, they are coming into crypto and Polygon OMS is paving that way to bring into that.

So I thank you Rall for giving me your audience.