#How Much Stablecoin Volume Did Polygon Handle?
Polygon achieved significant momentum in May, recording a stablecoin transaction volume of approximately $79.25 billion. This volume represents the second-highest recorded month for the network. Additionally, Polygon ranked first among all blockchain platforms in transaction count for the month, processing an impressive 198 million USD-denominated stablecoin transactions.
#What Contributes to Polygon's Growing Activity?
The impressive figures indicate that Polygon's cumulative stablecoin transfer volume has now exceeded $2.4 trillion. The two primary coins driving this surge are USDC and USDT, which are the most popular dollar-pegged stablecoins.
Transaction costs on Polygon average only around $0.002 per transaction. To put this into perspective, traditional bank wire transfers typically incur fees ranging from $25 to $50. Even on the Ethereum mainnet, gas fees can rise to several dollars during peak periods. In contrast, Polygon processes transactions in roughly two seconds and has a throughput capacity of 110 transactions per second. The network has successfully handled over 7 billion transactions with an outstanding uptime of 99.99%.
#What Strategic Moves Have Positioned Polygon for Success?
In January, Polygon Labs made strategic acquisitions, investing $250 million to purchase Coinme and Sequence. These acquisitions aim to enhance Polygon's presence in consumer-friendly crypto payments and improve developer tools.
In April, Visa included Polygon in its global stablecoin settlement pilot, a program that has achieved an impressive $7 billion annualized run rate. Following Visa's lead, Meta integrated USDC payouts on Polygon, facilitating payments for creators on both Polygon and Solana earlier this year.
During the first half of 2026, payment-focused projects built on Polygon generated $9.9 billion in transaction volume, surpassing all payment-related volumes for the entirety of 2025. This growth illustrates the vast potential and continuing adoption of the Polygon network in the evolving digital payment landscape.