- Throughout the 2026 Winter Olympics, vacationers utilizing Milan, Rome and Venice airports can obtain an instantaneous refund of their VAT within the following methods: $USDC with polygons.
- This deployment, supported by International Blue and Shift4, will velocity up digital refunds and speed up cross-border funds.
Polygon is a USD coin ($USDC) for worldwide vacationers at Italian airports throughout the 2026 Winter Olympics. system allow Use Polygon's blockchain rails to allow quick, stablecoin-based funds at venues corresponding to Milan, Rome, and Venice airports.
The association will likely be out there in February and will likely be provided at airport refund factors in Milan, Rome and Venice. Vacationers who select this selection will obtain their refund digitally, eliminating wait instances related to worldwide funds, financial institution hours, and cross-border card refunds. This service is meant for the usual responsibility free buying workflow utilized by non-EU guests who validate the shape upon departure and obtain a refund via an accredited supplier.
Polygon promotes prompt tax refunds. $USDC At an Italian airport throughout the 2026 Winter Olympics!
A sensible instance of a stablecoin offering real-world utility to customers around the globe. https://t.co/JzOmsMGVCd
— Sandeep | Polygon Basis (※,※) CEO (@sandeepnailwal) February 12, 2026
Airport steering for Italian VAT refunds sometimes requires documentation corresponding to tax exemption varieties, passports, boarding passes, and so forth. and is just relevant to non-EU residents. These steps will stay a part of the method at taking part airports.
International Blue, a duty-free buying and refund supplier, and Shift4, a funds firm, are the working companions enabling the airport deployment. On this mannequin, the blockchain layer runs within the background, however customer-facing steps stay tied to current refund counters and compliance checks.
Just lately Polygon proposed PIP-82. It plans to recycle as much as $1 million in Polygon PoS base gasoline charges for eligible agent commerce and x402 transactions. CNF observed unused merchandise $POL will likely be despatched to the Write Collector and this system will both recycle your entire $1 million quantity or finish on December 31, 2026.
How Polygon's airport refund rollout works
polygon's position is to supply fee rails $USDC Since you’ve gotten paid, you possibly can obtain a refund as quickly as your eligibility is verified. Taking part areas embrace airports connecting to the Milan area, in addition to hub airports serving Rome and Venice, that are the primary gateways for winter tourism in Italy.
The timing coincides with a rise in worldwide journey throughout the XXV Winter Olympics, that are presently being held in Italy. Organizers anticipate a rise in passenger numbers and retail enterprise, and airport refund traces have grow to be a recurring friction level for vacationers. In that context, stablecoin funds present a substitute for slower refund strategies.
Nevertheless, the information didn’t disclose the variety of transactions, payment preparations, revenue situations, and so forth. Nonetheless, this announcement connects Polygon's funds use case to its established journey retail infrastructure via International Blue's duty-free community and Shift4's fee processing system.
Introduction provides different options secure coin Packages that use $USDC For switch. We beforehand coated how Billon launched an on-chain lending protocol on Polygon that’s particularly designed for tokenized asset lending somewhat than common DeFi cash markets. CNF added The system hyperlinks tokenized RWA with yield to on-chain credit score markets utilizing segregated mortgage swimming pools and uncovered danger parameters.
Following Polygon's information, $POL Costs rebounded approx. 5.8% round $0.102 On the 24 hour chart. This transfer was supported by secure buying and selling volumes all through the session.
