With every passing month I get more and more bullish on Polygon's stablecoin dominance. Our payment volume surged across the board during the first half of 2025. More people are using Polygon to send money, while other chains have slowed down. Micro payments volume is up 67%, small payments up 189%, and medium payments up 137%. Breakdown below 🧵
Micro payments ($0.50-$100) reached $110M in June, and transfer counts went up 82%, which was the highest USDC P2P transfer count in market share. We increased market dominance in from 42% to 52% January to June. In other words, our micropayments market share exceeds all the other chains combined.
Small payments ($100-$1,000) transfers on Polygon rose 146% in H1 to 1.7M. People sent $563M in small payments on Polygon during that period. On all other chains except for Gnosis, small payments volume declined.
With medium payments ($1,000-$10,000), the same pattern continues. Polygon grew 137% to $378M in volume in June, posting a 68% increase in Q1. By June we also flipped Solana in market share of medium payment transfer volume: 30.6% to Solana's 23.1%.
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