Polygon Surpasses $10B in Stablecoin Transfers Driven by Major Financial Partnerships

Polygon has achieved a significant milestone by surpassing $10 billion in global stablecoin transfers, driven largely by institutional adoption and strategic partnerships with major financial players. This lifetime transfer volume underscores the network's growing role in the international financial landscape, positioning it as a key payment solution.

In November 2025, the network cemented partnerships with Revolut, which processed over $690 million in volume on Polygon, and Mastercard, which selected Polygon as the first blockchain for its Crypto Credential service, enabling alias-based transactions instead of complex crypto addresses. Additionally, Calastone, the world's largest funds network, integrated its Tokenised Distribution platform with Polygon, facilitating faster settlement and reduced operational costs.

Further expansion included a partnership with R25, backed by Ant Financial, launching rcUSD+, a yield-bearing token on the network. CEO Sandeep Nailwal highlighted these developments, emphasizing Polygon's strategic focus on payments and fintech. The network's growth is also fueled by lower transaction fees compared to competitors like Tron and increased adoption in emerging markets such as South America.

As of November 23, 2025, Polygon's market capitalization was approximately $2.93 billion, with its token price around $0.14.