Back to all articles

How Fintech and Crypto Are Converging Through Polygon’s Stablecoin Revolution

How Fintech and Crypto Are Converging Through Polygon’s Stablecoin Revolution

Watch the video of this interview on Gamma Prime’s YouTube channel:

Interview with Sandeep Nailwal (Co-founder & CEO at Polygon Foundation) and Korath Wright (Director of Capital Markets at Gamma Prime)

In this interview, Sandeep Nailwal, founder and CEO of Polygon, reveals how the crypto world is breaking out of its niche—merging with mainstream finance through stablecoins, tokenized assets, and cross-border payments. He lays out why Polygon is dominating global stablecoins and RWAs, and why the next decade will redefine money as we know it.

Sandeep Nailwal (Polygon):
Hey guys, I am Sandeep, founder of Polygon, and I work on a lot of things where Polygon ventures into, like, payments, RWAs, and chains.

Jorath Wright (Gamma Prime):
Polygon is really well known in the space, and you guys are very deep into it. From your point of view, where are things going?

Sandeep:
I think the regime change in the US has been a big inflection point in crypto going mainstream. The crypto bros are no longer just crypto bros; they are becoming finance bros. It’s already happening—finance bros are becoming crypto bros, and slowly it will be the same breed.

What you can see with digital asset tragedies, like what happened with Nasdaq and other stock exchanges globally, is that the larger financial world is getting accustomed to crypto-related assets—tokens, tokenized assets. Tokenization is a huge buzzword in the finance sector right now. Essentially, we are heading toward a merging of the larger financial world and crypto.

Korath:
Where does Polygon fit into that?

Sandeep:
We are head-first into this paradigm. We are razor-focused on payments, stablecoins, and RWAs. Other parts of crypto, like gaming or social, we are not focusing on. We are the number one USDC chain by daily active users and number three for USDT. For non-US and non-EU stablecoins, we have 60–70% of market share globally—Brazilian BRL, Philippine pesos.

We are also strong on RWAs, probably second only to Ethereum in terms of deployed protocols. Our focus is only increasing on these two areas.

Korath:
How far down this path are we now, and how far do we have to go?

Sandeep:
We are just getting started. The next 10 years will see the merger of crypto and finance fully happen.

Korath:
What excites you the most in this space?

Sandeep:
Right now, I’m very excited about payments—stablecoin payments, crypto credit and debit cards, cross-border remittances. That’s where I’m most interested.

Korath:
Looking at the Tokenized Capital Summit, you just delivered a fantastic keynote. How’s the conference going for you?

Sandeep:
The Singapore circuit is just starting for me. I landed last night. This is my fourth or fifth time at Token 2049 Singapore, and it’s always impressive.

Korath:
What do you think of the summit?

Sandeep:
Very good. Good branding, great speakers, and hopefully it continues attracting an even better crowd over time.

Korath:
This is your first time at the summit?

Sandeep:
Yes.

Korath:
It already looks like the biggest side event at Token 2049 Singapore, thanks to amazing speakers like you.
Who are you most interested in meeting here?

Sandeep:
Generally, I know most of the people coming. It’s more about in-person meetings. My focus remains payments, stablecoins, and RWAs. We are also meeting institutions launching their own chains.

Korath:
We appreciate having you—it makes all the difference. We’ve been big fans and look forward to continuing to watch your journey.

Sandeep:
Absolutely. Thanks for having us.

Korath:
Thank you.

Sandeep:
I’m Sandeep, founder and CEO of Polygon Foundation. I’m here with Gamma Prime.