Polygon Hits $3.50 Billion In Payments As Crypto Activity Expands

Reports have disclosed that Polygon closed the ultimate quarter of 2025 with larger on-chain utilization, pushed by funds, stablecoin transfers, and tokenized property.

While merchants watched MATIC drift inside a slim vary, exercise on the chain instructed a special story, one targeted on funds, stablecoins, and quiet institutional adoption slightly than value momentum.

Polygon Payments Use Grows Faster Than Prices

According to Messari’s Q4 network review launched on January 4, Polygon processed heavy fee site visitors as charges stayed low and settlement occasions remained quick. More than 50 apps constructed for funds dealt with about $3.50 billion in transfers through the quarter.

That determine was 96% larger than the prior quarter and near 4 occasions the extent seen a 12 months earlier. Stablecoin-linked playing cards added one other layer of exercise.

Ten card packages collectively moved almost $363 million utilizing Mastercard and Visa rails, with Visa chargeable for the bigger share. Reports say this development got here from on a regular basis spending slightly than one-off occasions, an indication that Polygon is getting used for routine transfers as an alternative of short-term experiments.

Beyond card funds, a number of corporations expanded how they transfer cash on the chain. DeCard allowed customers to pay with USDC and USDT at a variety of retailers.

Flutterwave selected Polygon for cross-border enterprise funds in 30 African nations. Revolut built-in low cost stablecoin transfers inside its app, whereas Stripe continued constructing subscription instruments that depend on USDC.

None of these strikes grabbed market headlines, but collectively they pushed regular quantity by way of the community.

Tokenized Assets Gain Ground Quietly

Away from funds, tokenized real-world property continued to stack up. Reports word Polygon ended This fall with almost $1.10 billion in RWAs, rating ninth worldwide. Growth was pushed much less by retail hype and extra by regulated constructions.

Stablecoin provide climbed to almost 3 billion, led by USDC at $1.34 billion and DAI close to $630 million. Latin America stood out as a key area, the place non-USD stablecoin quantity totaled $1.18 billion. Average every day DEX quantity jumped 44% to slightly over $200 million.

MATIC Trades Sideways As Activity Builds

MATIC’s price action stayed restrained regardless of the on-chain development. The token slipped again from short-term resistance throughout broader market weak spot after which stabilized as consumers defended key assist zones.

Deeper losses have been prevented, however robust upside strikes failed to look. Volume has but to substantiate a shift in development. For now, Polygon reveals rising use throughout funds and tokenized property, whereas its token waits for a clearer sign from merchants.

Featured picture from Unsplash, chart from TradingView