Polygon’s payments strategy is working, and the numbers are starting to show it.
Polygon went all in on this early, low fees, high throughput, and a serious focus on global fintech integrations.
Every month has been a record breaking month on payments volume since may with November hitting 1.17 Billion.
This shows consistent growth and a massive change since last year's November which was 244M
Polygon
More than $10B worth of international stablecoins move through Polygon, one of the highest across any network. That’s real cross-border usage. In November alone, Polygon processed $380M+ in LATAM stablecoin transfers, roughly 90% of the market.
The lifetime share of transfer volume in LATAM also continues to rise, now at 69.8% and 3.4 Billion processed.
Polygon
Revolut integrated stablecoin payments, trading, and POL staking, and they’ve already moved $690M+ on Polygon.
With 14M+ crypto users across 38 countries, this puts Polygon in a strong position to capture a big chunk of European users.
Polygon
Polygon is also the largest network for micropayments with $84M+ in volume last month, far ahead of Solana’s $43M and has over 33% marketshare and a leader in micropayments.
Polygon
Payments are one of the few crypto use cases actually scaling, and right now most of that growth is happening on Polygon. S/O to @sandeepnailwal @0xAishwary @0xMarcB and the rest of their team for all the great work.
