James Lawton

We are in the final stages of completing the Coinme acquisition, which will involve integrating that team into Polygon Labs, a move that will grow our organization as part of a broader merger exercise to position Polygon Labs to be profitable in 2027. As part of that process, this morning we made the difficult, but necessary, decision to say goodbye to many of our colleagues as we complete our transformation from operating as a blockchain foundation into operating as a blockchain-enabled payments company. These changes are about the company we're building, not the quality of the people leaving. A blockchain foundation and a blockchain-enabled payments company do not operate the same way. This transition means changing how we're organized and the talent we need, not just what we build. We chose to move now because momentum like this deserves a company built to run with it. Revenue is strong, stablecoin volume keeps setting records, our customer pipeline is stronger than any of us imagined, and our onchain payments solution went live in record time. The hardest part is that the people leaving helped build every bit of that momentum. To everyone affected, thank you. You worked hard and believed in what we were building when it was far from certain. We would not be here without you. We're offering severance and support. If you're hiring, ex-Polygon talent is as good as it gets, and I'll vouch for them personally. Please DM me if you are looking for talent, and we’ll do our best to match you with great talent.

Ok so a ton of people replied/DM'd me saying "we do on/off ramps for free." If that's the case, why is Bridge the defacto owner of on/off ramp infra, charging 75bps for new customers and ~3bps for scaleups? No one has clearly cracked this as fintechs are still paying for on/off ramps which makes them forced to pass on the cost to the customer. Payment as a business makes almost no money, therefore these companies need to charge for something. If you're offering free on/off ramps, you should convert all fintechs today to use your free product, and make money elsewhere otherwise on/off ramps will always cost something. Something is missing here. Price is clearly not the most important part.

Building a neobank with the Open Money Stack APIs works across any platform. Here's how easy it is to do this in less than a minute with v0 building the frontend and instantly deploying to Vercel.

We're extending access to Claude Fable 5 on all paid plans through July 12.

Germany's Chancellor Merz: We can no longer accept the extraordinarily high levels of sick leave in our companies. We are abolishing sick leave by telephone and introducing the requirement to submit a medical certificate from the very first day of illness. We know this is a tough decision. But we can no longer afford this competitive disadvantage caused by prolonged absences from work.

NEW: Yueban recently launched a $4,000 self-driving toilet. Xiaoban is an autonomous mobile toilet that drives to people with limited mobility, handles cleaning, and returns to dock on its own. • Summoned by remote control or offline voice commands • Uses LiDAR, ultrasonic sensors, and cliff detection to avoid obstacles • Built-in bidet, warm air drying, odor control, and UV sterilization • Self-cleans with 360° flushing after use • Can empty waste into a dock or transfer it into a regular toilet FSD is starting to show up in unexpected categories 🚽

It's odd that even European billionaire startup founders don't get why'd you need AC? This guy built one of the biggest food delivery apps High IQ and highly succesful European: why would you need AC? why do you want to live in a fridge? So it's not about intelligence, it's something else? Culture? Culture of what?