CoinWorld reports that, according to disclosures by @aixbt, Polygon processed 493 million stablecoin transactions in February, exceeding the combined total of Solana, Base, Arbitrum, and Ethereum, accounting for 30% of global on-chain stablecoin transaction volume. That month, 28.2 million POL tokens were burned, setting a new monthly historical high. Even after excluding the 55% share of transactions occupied by Polymarket, pure payment scenarios can still generate more than 220 million transactions per month. Stripe, Revolut (with monthly transaction volume of $111 million), and Mastercard all clear and settle on Polygon, with 3.7 million active USDC addresses. Polygon’s stablecoin supply is $3.3 billion, while Base is $5.0 billion, but Polygon’s USDC transaction volume is 6 times that of any other blockchain. As a global stablecoin clearing and settlement layer, Polygon’s current processing speed is 2,600 TPS, and its roadmap target is 100,000 TPS.
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