POLYGON: STABLECOINS ACTUALLY BECOMING PAYMENTS ON POLYGON

Summary from the TLDR Crypto newsletter

Raw stablecoin transfer volume on Polygon spiked to ~$140B in May 2025 but, after adjusting for automated flows, “real” monthly transfers stayed near $5 to 10B year-round, while app-level adjusted volume grew steadily from ~ $500M/month to more than $2B in Jan 2026 driven by Avenia, Rio, Revolut, BlindPay and the late-year rise of Tazapay. Average raw transaction size briefly increased to ~$1,800 in April to May before collapsing under $200 by year-end (adjusted averages fell more smoothly from ~$750 to ~$550), C2B payments overtook C2C (C2B was greater than $200M/month by year-end), and circulating stablecoin supply on Polygon roughly doubled from $1.6B to $3B.