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Home/News Feed/Polygon leads in stablecoin transfers with $79.25B processed in May, surpassing Solana and BNB Chain.
MATIC
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Polygon leads in stablecoin transfers with $79.25B processed in May, surpassing Solana and BNB Chain.

Protocol Fundamentals
29 Jun 2026
Cointribune
View Source
Bullish
pluang ai news

In May 2026, Polygon processed nearly $79.25 billion in stablecoin transfers across about 198 million transactions, overtaking Solana and BNB Chain in transaction volume. This surge highlights Polygon's shift toward becoming a payment-focused blockchain, offering low fees and fast settlements ideal for daily payments and business use. Despite this growth, Polygon's native token POL has not seen a price boost, reflecting that transaction volume doesn't always translate to token value. Polygon aims to sustain this lead by expanding its payment infrastructure and attracting more corporate users, especially in regions like Latin America where stablecoins address local financial needs.

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Circle joins x402 Foundation to enable seamless USDC payments for AI and machines on the internet

Circle joins x402 Foundation to enable seamless USDC payments for AI and machines on the internet

Circle has become a founding member of the x402 Foundation, supporting an open protocol that uses the HTTP 402 status code to enable direct, account-free payments over the internet using USDC stablecoin. This protocol allows machines and AI agents to...

Protocol Fundamentals
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1 day ago
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