Polygon Leads Stablecoin Activity with 198M Transactions and $80B Volume in May
Polygon Leads Stablecoin Activity with 198M Transactions and $80B Volume in May
💰 Polygon's stablecoin dominance
Polygon has emerged as the leading blockchain for stablecoin transactions, processing 198 million transactions in May with a total volume of $80 billion.
Key Metrics:
- Transaction count: 198 million stablecoin transactions
- Volume: $80 billion processed
- Market position: #1 chain by stablecoin transaction count
This performance builds on consistent growth trends, with the network showing sustained increases in transfers, volume, and active addresses throughout recent months.
198 million stablecoin transactions in May. $80B in volume. Polygon is the #1 chain by stablecoin transaction count. @Crypto_Briefing: cryptobriefing.com/polygon-80b-st…
Katana Celebrates One Year Anniversary as Polygon CDK Chain with Agglayer Integration
Katana marks its first anniversary as a dedicated blockchain connected to global liquidity through Agglayer since launch. **Key Highlights:** - Built using Polygon CDK with native Agglayer interoperability - First Agglayer CDK chain leveraging OP Stack configuration, deployed with Conduit - Graduate of the Agglayer Breakout Program alongside PrivadoID and 0xMiden - Generated $3.8M+ in chain revenue redistributed to active users - Airdropped ~15% of KAT tokens to POL stakers on Ethereum **Technical Features:** - Uses Agglayer as canonical bridge and VaultBridge for real yield generation - Enables connected chains to bootstrap unified liquidity out-of-the-box - Provides increased liquidity, shared user base, and faster cross-chain transactions The platform's unique design focuses on improving DeFi value creation and capital efficiency through its integrated approach to liquidity and interoperability. POL stakers can claim their allocation at [app.katana.network](http://app.katana.network).
Credible Processes $152M in Cross-Border Payments on Polygon
**Credible**, a global payments platform, has surpassed **$152 million in total payment volume** on Polygon's blockchain network. The platform facilitates cross-border transactions between multiple countries, including: - United States - India - Brazil - Germany - Dozens of other international corridors Credible selected Polygon for its payment infrastructure due to the network's ability to handle transactions at the speed required by global businesses. All settlements are processed on-chain through Polygon. Read more: [Credible races past $152M total payments volume on Polygon](https://polygon.technology/blog/credible-races-past-152m-total-payments-volume-on-polygon)
Polygon Opens Early Access to Payouts Feature in Open Money Stack
Polygon has announced that **Payouts** is now available as part of its Open Money Stack (OMS) infrastructure. This feature joins the existing suite of money movement tools including: - Payins (accepting deposits) - Wallets (holding value) - Virtual accounts (dedicated account numbers) - Orchestration (cross-chain coordination) The Open Money Stack enables businesses to integrate stablecoin payments into their existing infrastructure, handling the full cycle from fiat-to-crypto conversion and back. Early access to the technical preview is currently limited. [Request early access](https://info.polygon.technology/get-early-access?utm_source=X&utm_medium=Organic_social&utm_campaign=oms_tech_preview&utm_content=form)
Open USD Stablecoin Expands to Polygon Network
Open USD (OUSD), a stablecoin backed by over 140 organizations including Visa, Stripe, Coinbase, and BlackRock, is launching on Polygon. **Key Features:** - No-fee minting and redemption - Revenue sharing from reserves for businesses distributing it - Multi-chain compatibility - Returns reserve economics to distributors The expansion aims to provide businesses with scalable infrastructure for internet-native payments and digital commerce. OUSD positions itself as shared infrastructure rather than a proprietary product.