Polygon Shatters $3 Trillion Stablecoin Milestone After Year of Bold Upgrades
Polygon crossed $3 trillion in cumulative stablecoin transfer volume since September 2020. The two pieces also say the network handled $933 billion in 2025 alone, with companies including Revolut, Mastercard, PayPal, Cash App, Paxos, Polymarket, Deel, and Tazapay among users of the network for payments and transfers.
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Users and companies building payments on Polygon are the ones most directly affected, because the network now shows a larger base of stablecoin movement than before. Tomorrow morning, that matters to payment teams and merchants watching where money already moves on-chain, since the network is being used by names such as Revolut, Mastercard, PayPal, Cash App, Paxos, Polymarket, Deel and Tazapay. (per polygon.technology)
In practice, the listed uses show that stablecoin transfers on Polygon are not limited to one type of activity, and the network is being used for payments and money movement across several companies. What stays the same is that the total is measured as cumulative stablecoin value transferred since September 2020, so the milestone reflects an accumulated count rather than a new category of activity.
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 18 days ago | Polygon Plans Two-Month Boost to 7.7% Gross POL Staking Rate event | 1 actors in common · 3 news media |
| 22 days ago | CFTC advances crypto regulations; SoFi, Mastercard launch stablecoin settlement event | 1 actors in common · 2 news media |
| 22 days ago | PayPal’s PYUSD stablecoin expands to 70 new markets globally event | 1 actors in common · 2 news media |
| 23 days ago | Solana Foundation taps Binance, Polygon vets to drive institutional adoption and payments event | 1 actors in common · 6 news media |
| 24 days ago | SoFi begins stablecoin settlement on Mastercard network for program expected to exceed $25 billion in annualized volume event | 1 actors in common · 4 news media |