Stablecoin transfers on the @0xPolygon network have reached an all-time high! 🚀
A total of $3.78 million in stablecoins were transferred in just one day, a clear testament to Polygon’s growing usage and popularity.
Of this, the dominant $USDC alone has handled $1.76 million in transactions, demonstrating its immense trust and dominance on the platform.
Why are these statistics important?
1. Increased network activity: The increase in daily transactions indicates increased interest in using Polygon’s blockchain.
2. DeFi popularity: This stablecoin record is a positive sign for DeFi and other Web3 applications.
3. USDC’s position: With over half of transactions being via USDC, it establishes itself as the core stablecoin in the Polygon ecosystem.