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Polygon's USDC Weekly Transaction Volume Reaches 28 Million, Surpassing Solana to Become the Most Active USDC Chain

2026-02-17 02:34

Odaily News, data analyst Peter posted on the X platform, stating that the stablecoin data performance on the Polygon network was significant last week. Polygon's weekly USDC transaction volume reached 28 million, setting a new weekly high and surpassing Solana's 22 million to become the most active USDC chain in the ecosystem. The number of USDC transfers reached 103 million, setting a weekly record and capturing a 46% market share.

In terms of all USD stablecoins, Polygon recorded 32.6 million transactions, a 67% increase, trailing Solana by only 600,000. Polygon processed 120 million USD stablecoin transfers, surpassing BNB for the first time. Regarding payment transfers, the number of transfers in January approached 2 million. Additionally, Polygon's weekly native transfer volume on x402 reached $1.2 million, with a transaction count of 358,000, both ranking first across all chains.

In other developments, Polygon has joined the Enterprise Ethereum Alliance; Polygon will provide USDC tax refund services at Milan, Rome, and Venice airports during the 2026 Winter Olympics; Polygon has proposed PIP 82, planning to recover up to $1 million in Gas base fees through PIP 65 to support proxy commercial activities.