Polygon's Stablecoin Supply Surges 23.3% in Q1 2025 Driven by Major Integrations

Coin WorldWednesday, Jun 11, 2025 5:41 am ET
1min read

Polygon is rapidly emerging as a leader in the stablecoin space, driven by its low fees, fast finality, and real-world use cases through integrations with major players. The blockchain's low-cost infrastructure and lightning-fast finality make it an attractive platform for stablecoin innovation. Aishwary Gupta, Global Head of Payments, Exchanges & Real World Assets at Polygon, recently highlighted the network's efforts towards the next wave of stablecoin adoption.

In the first quarter of 2025, Polygon saw a 23.3% surge in stablecoin supply and a 30% increase in active wallets. Gupta attributes this growth to major integrations, such as PayPal’s PYUSD and Stripe’s support for USDC on Polygon, combined with improving global regulatory clarity. Companies are realizing they can offer faster, cheaper services than traditional finance ever could, making this a real, profitable infrastructure.

Ask Aime: What's driving Polygon's stablecoin surge, and how will it affect users?

Polygon is pushing towards making stablecoin transfers as easy as sending money via familiar fintech platforms. Through partnerships with platforms like Stripe, Revolut, and Grab, and innovations like AggLayer and account abstraction, Polygon is removing the complexity that has long plagued crypto transactions. Users won’t need to think about chains or gas fees—it’ll just work, emphasized Gupta.

A major part of the growth is coming from outside crypto-native circles. Enterprises, traditional financial institutions, and international payment providers are increasingly leveraging stablecoins on Polygon for real-world use cases such as cross-border payroll, remittances, and instant settlements. U.S.-based companies are already using Stripe and Polygon to pay overseas contractors in USDC—something happening right now, not a future scenario.

Technical superiority remains a cornerstone of Polygon's dominance. With average transaction fees around $0.015 and high transaction throughput, the network is uniquely positioned to scale stablecoin activity. The AggLayer, Polygon’s interoperability layer, ensures near-instant cross-chain value transfer, while EVM compatibility continues to attract developers building on familiar infrastructure.

Polygon’s ecosystem has also become a hub for real-world asset (RWA) tokenization, with over $270 million in value already on-chain. The synergy between RWAs and stablecoins is critical, as stablecoins are the cash layer for trading and settlement, making them essential for real-world financial applications. Big names are already leveraging Polygon’s infrastructure, offering compliant, scalable solutions while supporting sustainable, long-term business models.

Looking ahead, Gupta believes mainstream adoption will come not from speculation, but from seamless integrations. The AggLayer will unify the crypto experience, making it possible for billions to use crypto-powered payments without even knowing it’s blockchain. Polygon's focus is on unlocking new financial legos like Vault Bridge, yield-bearing stablecoins, and global forex use cases, rather than chasing hype.