Polygon plans to permanently remove 100 million POL from a base-fee collector holding roughly 121 million tokens, but the burn has not yet occurred on mainnet. Polygon Foundation CEO Sandeep Nailwal said the permissionless burn contract is running on testnet and awaits final Security Council signatures before deployment. Once live, any community member will be able to trigger the initial burn and subsequent quarterly executions as additional transaction fees accumulate. The first burn would eliminate about 83% of the collector balance and roughly 0.93% of POL's estimated 10.716 billion supply, compared with an original 10 billion-token base. Polygon has used an EIP-1559-style fee system since January 2022, directing base fees toward supply removal while priority fees compensate block producers or validators. POL also has annual emissions of roughly 2%, split approximately between validator rewards and the Community Treasury, so the token can be issued and burned simultaneously. The long-term outcome will depend on whether network-generated fee burns eventually exceed issuance. Polygon is expanding payments and stablecoin activity, including PayPal USD, Revolut's EURR and Stable.com's bank-transfer service, while reporting more than $152 million in quarterly stablecoin payments through Credible. POL traded near $0.10 after the announcement, although broader crypto-market conditions also supported the move. Polygon's transition from MATIC to POL is substantially complete, and POL is now the native gas and staking token on Polygon PoS.