Polygon processed 493 million stablecoin transactions in February, accounting for 30% of global on-chain transaction quantity—surpassing Solana, Base, Arbitrum, and Ethereum mixed. The community burned 28.2 million POL tokens, a brand new file. Stripe, Revolut, and Mastercard have settled on Polygon, which hosts 3.7 million lively USDC addresses. USDC quantity on Polygon is six instances greater than on different chains, with a throughput of 2,600 TPS and a goal of 100,000 TPS. This progress displays the affect of global cryptocurrency coverage shifts.
On April 2, information confirmed that Polygon processed 493 million stablecoin transactions in February, accounting for 30% of global on-chain stablecoin transaction quantity, surpassing the mixed whole of Solana, Base, Arbitrum, and Ethereum. That month, 28.2 million POL had been burned, setting a brand new month-to-month file. Establishments reminiscent of Stripe, Revolut, and Mastercard conduct clearing and settlement on Polygon, with 3.7 million lively USDC addresses and USDC transaction quantity six instances that of different public chains, processing at 2,600 TPS with a goal of 100,000 TPS.
