Episode Details

This story was originally published on HackerNoon at: https://hackernoon.com/polygon-crosses-$298-billion-in-monthly-stablecoin-volume-a-deep-dive-into-web3-payments.
Polygon processed 94M stablecoin transfers in one week, the highest of any blockchain. Here is what is driving the surge.
Check more stories related to gaming at: https://hackernoon.com/c/gaming. You can also check exclusive content about #polygon, #polygon-news, #defi, #cryptocurrency, #stablecoin, #good-company, #web3, #startups, and more.

This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com.

Polygon posted its strongest payments week on record with 94 million stablecoin transfers, $1.49 billion in USDC supply at an all-time high, $687 million in monthly volume on Tazapay, and $1.7 billion flowing through Polymarket. The network processed 1.4 billion stablecoin transfers in 2025, up 227% year over year, and has since committed over $250 million to acquire Coinme and Sequence as part of its Open Money Stack strategy. These are not projections. This is settlement data from a live network.