Odaily Planet Daily reports that data analyst Peter posted on X platform that last week, Polygon network stablecoin data performed significantly. Polygon’s USDC weekly trading volume reached 28 million transactions, setting a new weekly high and surpassing Solana’s 22 million transactions, making it the most active USDC chain in the ecosystem. USDC transfer counts reached 103 million, a weekly record, accounting for 46% of the market share.
Among all USD stablecoins, Polygon recorded 32.6 million transactions, a 67% increase, trailing only Solana’s 600,000 transactions. Polygon processed 120 million USD stablecoin transfers, surpassing BNB for the first time. In payment transfers, the number of transfers in January approached 2 million. Additionally, Polygon’s x402 weekly native transfer volume reached $1.2 million, with a transaction volume of 358,000, ranking first across all chains.
Other developments include Polygon joining the Enterprise Ethereum Alliance; Polygon will provide USDC tax refund services at Milan, Rome, and Venice airports during the 2026 Winter Olympics; Polygon proposed PIP 82, planning to recover up to $1 million in Gas base fees through PIP 65 to support agency commercial activities.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Morgan Stanley Ventures into Cryptocurrency Opportunities: Applies for Banking License to Offer "Staking and Custody" Services
Morgan Stanley is accelerating its entry into the cryptocurrency market, having applied to establish "Morgan Stanley Digital Trust" to provide digital asset custody and trading services, and appointing a new executive to oversee its crypto strategy. Additionally, the bank plans to launch spot ETFs for Bitcoin and Ethereum and digital wallets, demonstrating its strong commitment to embracing digital assets.
区块客1h ago
Pre-IPO New Narrative: Retail Investors Can Also Invest in SpaceX? The Breakthrough Path of Private Equity Tokenization
Maitong MSX and Republic collaborate to launch the Pre-IPO Private Equity Tokenization Zone, breaking the high barriers and information asymmetry of traditional investments, connecting ordinary investors with investment opportunities in unlisted companies. This market is gradually entering the mainstream and may trigger a restructuring of capital structures, although it still faces challenges such as regulation and liquidity.
PANews1h ago
XRP Today News: Ripple unlocks $1.37 billion worth of tokens, market reaction remains calm
Ripple plans to unlock a total of 1 billion XRP in three phases. Despite the large release, market reaction has been muted, and XRP price has only risen slightly. The unlocking is part of its supply management plan, with Ripple still holding approximately 32% of the total supply. Although XRP performed poorly in February, recent ETF capital inflows indicate that institutional interest remains. Analysts predict that XRP could experience a significant rally, with a target price between $15 and $18, and believe that the current trend resembles the false breakout pattern seen before previous bull markets.
MarketWhisper2h ago
Platform X has removed "Financial Products, Cryptocurrency" from the "Paid Partnership Policy" banned industry categories.
PANews March 2 News, X platform has removed "financial products, cryptocurrencies" from the banned industry categories in the "Paid Collaboration Policy." Nikita Bier, head of X product and Solana advisor, stated that this was a mistake and has been fixed. He also mentioned that he loves prediction markets. This means that cryptocurrency-related advertisements on X will be required to enable the "Paid Collaboration" disclosure label.
Earlier yesterday, the X platform updated its paid collaboration policy: cryptocurrencies, investment services, and others no longer meet the promotion criteria.
GateNews6h ago
Crypto Treasury Stocks Slide Signals Solana Market Stress
Solana-linked crypto treasury stocks are plummeting, indicating sector-wide issues. Operating firms might benefit by acquiring struggling companies at low valuations, as investors pull back from high-risk stocks. This trend underscores vulnerability in companies reliant solely on crypto assets without cash flow.
CryptoFrontNews6h ago