Polygon Processes $79.25 Billion in Stablecoin Transfers in May, Leads All Chains in Transaction Count
By
Shiraz Jagati
Summary
Polygon processed approximately $79.25 billion in stablecoin transfer volume across 198 million transactions in May, claiming it surpassed both Solana and BNB Chain to lead all blockchains in stablecoin transaction count. The network is positioning itself as the settlement layer of choice for stablecoin payments, highlighting a record month for stablecoin settlement activity.
Source
bskyPolygon Processes $79.25 Billion in Stablecoin Transfers in May, Leads All Chains in Transaction Countnews.bitcoin.comKey quotes
Ā· 3 pulledPolygon processed roughly $80 billion in stablecoin transfer volume in May and led all blockchains in transaction count
The network moved roughly $79.25 billion in stablecoin transfer volume during May and processed about 198 million stablecoin transactions in the month
Polygon is making its case as the settlement layer of choice for stablecoin payments
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