The total stablecoin supply on Polygon’s Proof-of-Stake (PoS) chain has soared past $2.76 billion, marking its highest level in over three years.
The milestone, shared by Polygon Foundation CEO Sandeep Nailwal, signals renewed momentum across the network’s DeFi and NFT ecosystems.
According to Nailwal, this is the first time since 2021 that Polygon has crossed the $2.76B threshold. The surge suggests a strong revival in user and developer activity, supported by growth across multiple metrics.
Polygon currently ranks:
- Among the top 3 in bridged inflows,
- Top 2 in NFT trading volume,
- Top 3 in daily transactions,
- Exceeds $150 billion in total stablecoin volume,
- Frequently ranks in the top 2 for daily active users (DAU).
The chart accompanying the announcement, sourced from DeFiLlama, shows a clear upward trajectory in stablecoin market cap on Polygon, accelerating sharply through 2025.
With user activity, transaction volumes, and stablecoin liquidity rising in tandem, Polygon’s ecosystem appears to be entering a new phase of expansion—positioning itself as a central hub for Web3 applications and decentralized finance.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/polygon-stablecoin-supply-hits-3-year-high/