{"id":74372,"date":"2026-06-22T05:35:00","date_gmt":"2026-06-22T05:35:00","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/how-the-network-processed-309-million-in-stablecoins-last-month\/"},"modified":"2026-06-22T05:35:00","modified_gmt":"2026-06-22T05:35:00","slug":"how-the-network-processed-309-million-in-stablecoins-last-month","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/how-the-network-processed-309-million-in-stablecoins-last-month\/","title":{"rendered":"How the Network Processed $309 Million in Stablecoins Last Month"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Sandeep Nailwal noted Polygon hit $309M in stablecoin volume in May, next leading Latam blockchain markets.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Visa found that non-dollar stablecoin supply reached $1.2B, next transforming emerging payment markets.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">BRLA hit a $3.2M market cap, next scaling non-dollar stablecoin adoption across 1 emerging market hub.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Polygon Registers Around $309 Million In Latam <span>Stablecoin<\/span> Volumes In May<\/h2>\n<p>While dollar-pegged <span>stablecoins<\/span> have risen as a mainstream use case for <span>blockchain<\/span> tech, industry figureheads believe that <span>stablecoins<\/span> from emerging markets will also become relevant soon.<\/p>\n<p>Sandeep Nailwal, co-founder and CEO of the Polygon Foundation, highlighted the rise in activity that these <span>stablecoins<\/span> have experienced on top of the Polygon network in May.<\/p>\n<p><\/p>\n<p><strong>\u201cPolygon leads <span>stablecoin<\/span> adoption in LATAM,\u201d<\/strong> he <a href=\"https:\/\/x.com\/sandeepnailwal\/status\/2068368785032241206?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">stressed<\/a>, revealing that Polygon surpassed all other chains in May, registering $309 million in <span>stablecoin<\/span> volumes in the region, with over half of the active wallets in the region.<\/p>\n<p>Nailwal underscored the relevance of this incipient movement, with non-dollar <span>stablecoin<\/span> volumes across all chains up 16x in 3 years. Holders have also risen 30x.<\/p>\n<p><strong>\u201cWe keep seeing that same trend land on Polygon, emerging market stables just hit a new monthly high in May with BRLA and COPM both in the top 3,\u201d <\/strong>he disclosed.<\/p>\n<p>BRLA is a fully collateralized Brazilian real <span>stablecoin<\/span> with a market capitalization of over $3.2 million connected to the Pix payment system, while COPM is a Colombian peso-pegged <span>stablecoin<\/span>.<\/p>\n<p>While Latam has <a href=\"https:\/\/news.bitcoin.com\/bitso-stablecoins-hit-40-of-latam-crypto-buys\/\">embraced<\/a> dollar <span>stablecoins<\/span> due to their proxy function in economies with high <span>inflation<\/span> and devaluation levels, non-dollar <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a> would have other functions, including the digitization of payments and increasing financial inclusion.<\/p>\n<p><strong>\u201cEmerging market <span>stablecoins<\/span> are the thing to watch as all the world\u2019s money moves on-chain. Dollar <span>stablecoins<\/span> get all the headlines for now, but the emerging market story is only just getting started, and it\u2019s growing on Polygon,\u201d<\/strong> Nailwal concluded.<\/p>\n<p>Nailwal is not the only one noticing a growth in the non-dollar <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> sector. A Visa-commissioned report issued in May found that the total supply of these reached $1.2 billion, while monthly transfers registered $10 billion.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/polygon-dominates-latam-how-the-network-processed-309-million-in-stablecoins-last-month\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Sandeep Nailwal noted Polygon hit $309M in stablecoin volume in May, next leading Latam blockchain markets. Visa found that non-dollar stablecoin supply reached $1.2B, next transforming emerging payment markets. BRLA hit a $3.2M market cap, next scaling non-dollar stablecoin adoption across 1 emerging market hub. Polygon [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":74373,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74372"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74372"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74373"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}