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Polygon processes $309M in Latam stablecoins, highlighting growth in non-dollar digital currencies.

Protocol Fundamentals
22 Jun 2026
Bitcoin
View Source
Bullish
pluang ai news

Polygon network led Latin America's stablecoin market in May, processing $309 million in stablecoin volumes, driven by emerging market currencies like Brazil's BRLA and Colombia's COPM. This growth reflects a 16-fold increase in non-dollar stablecoin volumes over three years, signaling rising adoption beyond traditional dollar-pegged coins. These stablecoins are key for digitizing payments and enhancing financial inclusion in inflation-prone economies. Industry reports also show non-dollar stablecoin supply at $1.2 billion, with $10 billion monthly transfers, indicating a significant shift towards blockchain-based financial solutions in emerging markets.

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