{"id":74704,"date":"2026-06-29T12:29:43","date_gmt":"2026-06-29T12:29:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/polygon-moves-80-billion-in-stablecoins-in-may-passing-solana-and-bnb\/"},"modified":"2026-06-29T12:29:43","modified_gmt":"2026-06-29T12:29:43","slug":"polygon-moves-80-billion-in-stablecoins-in-may-passing-solana-and-bnb","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/polygon-moves-80-billion-in-stablecoins-in-may-passing-solana-and-bnb\/","title":{"rendered":"Polygon Moves $80 Billion in Stablecoins in May, Passing Solana and BNB"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\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\">Polygon moved about $79.25 billion in stablecoins in May, its second-highest month, across 198 million transactions.<\/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\">The network led all chains in transaction count and says it passed Solana and BNB Chain.<\/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\">Polygon\u2019s cumulative stablecoin transfer volume has topped $2.4 trillion as it has increasingly leaned toward the payments sector.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span style=\"font-weight:400\">A Record Month for Stablecoin Settlement<\/span><\/h2>\n<p><span style=\"font-weight:400\">Polygon is making its case as the settlement layer of choice for <span>stablecoin<\/span> payments. The network moved roughly $79.25 billion in <span>stablecoin<\/span> transfer <span>volume<\/span> during May and processed about <\/span><span style=\"font-weight:400\">198 million <span>stablecoin<\/span> transactions<\/span><span style=\"font-weight:400\"> in the month, ranking first among all <span>blockchains<\/span> by transaction count, according to figures the network highlighted.<\/span><\/p>\n<figure id=\"attachment_827123\" aria-describedby=\"caption-attachment-827123\" style=\"width:1190px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-827123\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\"> <span>Stablecoins<\/span> have become the busiest corner of the <span>crypto<\/span> economy as users and businesses have increasingly adopted them for payments and settlement. Polygon\u2019s May tally was its second-highest month on record for <span>stablecoin<\/span> <span>volume<\/span>, and the network said it <\/span><span style=\"font-weight:400\">surpassed both <span>Solana<\/span> and <span>BNB<\/span> Chain<\/span><span style=\"font-weight:400\"> in transaction count over the period.<\/span><\/p>\n<p><span style=\"font-weight:400\">The figures go to show how aggressively Polygon has repositioned itself around payments, given the network advertises average transaction fees of about $0.002, settlement in roughly two seconds, and a cumulative <span>stablecoin<\/span> transfer <span>volume<\/span> that has now <\/span><span style=\"font-weight:400\">passed $2.4 trillion<\/span><span style=\"font-weight:400\">. <\/span><\/p>\n<p><span style=\"font-weight:400\">The Polygon team has also repeatedly stated it has processed more than seven billion transactions in total over its lifetime, with an uptime of 99.99%.<\/span><\/p>\n<h2><span style=\"font-weight:400\">A Bet on Onchain Payments<\/span><\/h2>\n<p><span style=\"font-weight:400\">Polygon has tied its future to the idea that digital dollars will move onchain at scale. The network\u2019s backers argue that AI agents will eventually execute more onchain transactions than humans, and Polygon believes that shift could arrive within five years. To prepare, Polygon Labs has been building out dedicated payments infrastructure, including a new <\/span><span style=\"font-weight:400\"> <span>stablecoin<\/span> payment framework<\/span><span style=\"font-weight:400\"> and acquisitions of payment-focused companies.<\/span><\/p>\n<p><span style=\"font-weight:400\">Polygon Labs has been raising capital specifically for that push and recently moved to acquire payment rails to bolster its settlement business. The network has also leaned into emerging markets, <a href=\"https:\/\/news.bitcoin.com\/polygon-dominates-latam-how-the-network-processed-309-million-in-stablecoins-last-month\/\">processing roughly $309 million<\/a> in Latin American <span>stablecoin<\/span> <span>volume<\/span> in May, thereby positioning itself as an on-ramp for regions where dollar-denominated tokens are used to hedge against weak local currencies.<\/span><\/p>\n<p><span style=\"font-weight:400\">In a separate USD Coin (USDC) comparison, Polygon recently overtook <span>Solana<\/span> in weekly transaction activity, recording around <\/span><span style=\"font-weight:400\">28 million USDC transactions<\/span><span style=\"font-weight:400\"> in a week. <\/span><\/p>\n<h2><span style=\"font-weight:400\">POL\u2019s Price Disconnect<\/span><\/h2>\n<p><span style=\"font-weight:400\">The above-mentioned onchain momentum has not yet translated into higher token prices as POL has seemingly stalled even though <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> volumes have risen. Polygon\u2019s non-peer-to-peer <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> <\/span><span style=\"font-weight:400\">surged 66%<\/span><span style=\"font-weight:400\"> over a recent stretch, yet the token has continued to drift, reflecting a broader market in which network usage and token valuations have come apart.<\/span><\/p>\n<p><span style=\"font-weight:400\">That disconnect is not unique to Polygon because across the industry, several high-throughput networks have posted record transaction counts this year without matching gains with their tokens. <\/span><span style=\"font-weight:400\">Even with its transaction lead, Polygon faces entrenched competition for <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> value with Tron and Ethereum still hosting the largest balances of dollar-pegged tokens, and a crop of purpose-built payment chains emerging to chase the same opportunity.<\/span><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/polygon-80-billion-stablecoin-volume-may\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Polygon moved about $79.25 billion in stablecoins in May, its second-highest month, across 198 million transactions. The network led all chains in transaction count and says it passed Solana and BNB Chain. Polygon\u2019s cumulative stablecoin transfer volume has topped $2.4 trillion as it has increasingly leaned [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":74705,"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\/74704"}],"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\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74704"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74704\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74705"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}