John Egan Named Polygon Labs CPO to Accelerate $29B Stablecoin Micro-Payments

According to Fortune reports cited by COINOTAG, former Stripe crypto lead John Egan has joined Polygon Labs as Chief Product Officer to drive enhancements in the platform’s payments and product strategy. Egan’s tenure at Stripe included steering the $1.1 billion acquisition of stablecoin firm Bridge, the purchase of wallet provider Privy, and contributing to the development of the in‑house blockchain Tempo. In July, Polygon’s stablecoin circulation was reported near $29 billion with over 4.5 million active addresses, underscoring increased on‑chain activity. Egan indicated a concentrated effort on refining on‑chain payment UX and practical applications for stablecoin micro‑payments across the Polygon ecosystem.