Overview
- Polygon reported roughly $79.25–80 billion in stablecoin transfers in May and said it led all chains with about 198 million USD‑denominated stablecoin transactions that month.
- The network's cumulative stablecoin transfers have passed $2.4 trillion and Polygon says it has processed more than 7 billion total transactions with average fees near $0.002, roughly two‑second settlement and about 110 transactions per second capacity.
- Polygon Labs’ January acquisitions of Coinme and Sequence for a combined $250 million together with Visa adding Polygon to its global stablecoin settlement pilot and Meta enabling USDC payouts on Polygon are cited as drivers of recent on‑chain payment activity.
- Payment projects built on Polygon moved roughly $9.9 billion in the first half of 2026, a pace that exceeded the network’s entire 2025 payment volume and signals accelerating real‑world use cases for transfers and payouts.
- Observers note these figures are reported by Polygon and its partners and can include exchange flows, institutional movements and internal transfers, so the numbers point to growing usage but lack independent audit confirmation.