According to CoinDesk, payments platform Worldpay, a subsidiary of publicly-traded FIS Group, will soon enable USD Coin (USDC) settlement for clients on the Polygon blockchain as part of a broader strategy.

"We're excited to join the Polygon network as a validator and demonstrate the potential of the Polygon PoS chain for financial services, starting with our USDC settlement offering,” said Nabil Manji, SVP, Head of Crypto and Web3 at Worldpay.

Validators refer to entities that supply computing power to a proof-of-stake (PoS) network to process on-chain data and confirm transactions.