PolygonPOL, protocol
DevelopingStablecoin

Polygon reports over $3 trillion in cumulative stablecoin transfer volume since 2020

Crypto News reports Polygon passed $3 trillion in cumulative stablecoin transfers since September 2020, citing the network's own published data.

Why it matters

Growth in payment-company usage and a wider transaction capacity would matter for Polygon if the reported figures hold, but the $3 trillion total rests on data the network's own team published. Checkout payments put the chain in direct competition with other stablecoin payment processors. The claim rests on a single low-authority aggregator, so its significance remains unverified.

Key facts

Polygon surpassed $3 trillion in cumulative stablecoin transfer volume since September 2020.

3,000,000,000,000 USDReported by Crypto News (CryptoNews.net)

The $3 trillion figure comes from data published by the network's own team.

Reported by Crypto News (CryptoNews.net)

Polygon recorded $933 billion in stablecoin transfers in 2025.

933,000,000,000 USDReported by Crypto News (CryptoNews.net)

Polygon recorded $276 billion in stablecoin transfers in the year before that, according to Crypto News.

276,000,000,000 USDReported by Crypto News (CryptoNews.net)

A further $741 billion in stablecoin transfers moved through Polygon so far in 2026.

741,000,000,000 USDReported by Crypto News (CryptoNews.net)

More than half of the historical total was processed after January 2025.

Reported by Crypto News (CryptoNews.net)

Revolut, Mastercard, PayPal and Cash App used the network for payments.

Reported by Crypto News (CryptoNews.net)

Network activity grew 32% year-over-year in 2026.

32 %Reported by Crypto News (CryptoNews.net)

What happened

Crypto News reports that Polygon's cumulative stablecoin transfer volume passed $3 trillion since September 2020, a figure the outlet attributes to data published by the network's own team rather than to an independent measurement. The report breaks down the total as $933 billion recorded in 2025 against $276 billion in the prior year, with a further $741 billion moving through the network so far in 2026. It says more than half of the historical total was processed after January 2025. Crypto News lists Revolut, Mastercard, PayPal and Cash App among the companies that used the network for payments, and reports activity up 32% year-over-year in 2026. It credits the milestone to a year of infrastructure work: the Ithaca upgrade, a capacity increase to 5,000 transactions per second and the launch of Open Money Stack. A second Crypto News piece, published the following day and marked as syndicated, reports that Polygon added stablecoin payments at checkout in its Open Money Stack platform, letting customers pay across multiple wallets, tokens and chains without swapping or cashing out. Both items come from the same outlet, and no independent confirmation of the volume figures appears in the evidence.

How the story developed

  1. First report

    First report by Crypto News (CryptoNews.net)

    Polygon Shatters $3 Trillion Stablecoin Milestone After Year of Bold Upgrades

    Crypto News (CryptoNews.net)

  2. Update

    Crypto News reports Polygon passed $3 trillion in cumulative stablecoin transfer volume since September 2020

    The outlet attributes the figure to data published by the network's own team.

    Crypto News (CryptoNews.net)

  3. Update

    Crypto News follows up with Polygon's stablecoin checkout payments in Open Money Stack

    The second piece covers a payment feature rather than the volume milestone, and is marked as syndicated.

    Crypto News (CryptoNews.net)

How coverage built up

Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.

29 Sept, 19:002 independent sources30 Sept, 20:14
  • 29 Sept 2026, 19:00 UTC: Crypto News (CryptoNews.net) — 1 independent source, 1 reports
  • 30 Sept 2026, 20:14 UTC: Crypto News (CryptoNews.net) — 2 independent sources, 2 reports

Affected entities

Original sources

PublisherReportRolePublished
Crypto News (CryptoNews.net)
Aggregator
Polygon Shatters $3 Trillion Stablecoin Milestone After Year of Bold UpgradesOriginal
Crypto News (CryptoNews.net)
Aggregator
Polygon Introduces Stablecoin Payments at CheckoutSyndicated