The U.S. Mint has ceased production of the penny, concluding 232 years of minting due to cost inefficiencies, as each penny costs 3.69 cents to produce. This decision marks a significant shift in U.S. currency production.
In parallel, Polygon is emphasizing its capability to handle transactions with sub-penny fees, boasting a daily transaction volume of 3 million. The network's transaction per second (TPS) rate has surged from 200 to between 1,000 and 1,500 in 2025. Additionally, Revolut has integrated Polygon, facilitating instant stablecoin transfers and processing over $690 million in transactions.
U.S. Ceases Penny Production; Polygon Showcases Sub-Penny Fees
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