Polygon Surpassed $3 Trillion in Stablecoin Transfers
The network reached the milestone following technical infrastructure upgrades and increased adoption throughout 2026.
Updated on Sept. 29, 2026 in Financial Services
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Polygon has surpassed $3 trillion in cumulative stablecoin transfer volume since tracking began in September 2020. This growth was driven by network capacity expansions that reached 5,000 transactions per second.
Why it matters
The milestone reflects the impact of technical upgrades like the Ithaca release, which improved network protection and automated recovery. Enhanced capacity has helped the platform maintain consistent performance despite high transaction volumes.
The network processed $741 billion in stablecoin transfers in 2026, marking a 32% year-over-year increase in network activity. Additionally, the chain now supports a capacity of 5,000 transactions per second.
The players
Polygon
Polygon is a decentralized Ethereum scaling platform that enables faster and cheaper transactions.
Revolut
Revolut is a global fintech company providing banking services, currency exchange, and cryptocurrency trading.
The details
Polygon reached this volume milestone after integrating infrastructure improvements, including the July 2026 Ithaca upgrade. Financial partners like Revolut have contributed to this activity, including moving $810 million in stablecoins in 2025.
Timeline
Cumulative tracking began in September 2020.
Revolut began issuing EURR stablecoin in August 2025.
Network capacity was raised to 5,000 transactions per second in June 2026.
The Ithaca upgrade was implemented in July 2026.
Polygon burned 100 million POL tokens in September 2026.
Market Landscape
The implementation of the Ithaca upgrade marks a significant shift in network reliability compared to previous software iterations. This development helps the platform compete for higher transaction volume against other major blockchain scaling solutions.
The increased network capacity allows for faster and more reliable transaction processing for users and financial institutions. Users may experience greater efficiency when moving stablecoins as the platform continues to scale its throughput capabilities.
The takeaway
The adoption of stablecoins for high-volume transfers highlights the growing role of blockchain infrastructure in traditional finance. Continued focus on capacity and security remains the primary driver for sustained institutional network use.
Further reading
For more information on digital asset trends, visit our Financial Services section.
Source note: This article includes information reported by Crypto Economy.
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