According to Messari data, Polygon became the leading settlement layer for payments in Q4, with payment card and enterprise adoption accelerating. Payment application transaction volume increased by 97% quarter-over-quarter or 399% year-over-year to $3.57 billion; DeFi TVL increased by 34% year-over-year to $1.16 billion; stablecoin supply increased by 80% year-over-year to $2.96 billion; and holdings in the on-chain core application Polymarket increased by 50% year-over-year.
Messari: Polygon became the leading payment settlement layer in Q4, with transaction volume increasing by 399% year-on-year to $3.57 billion.
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