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Another Polygon payments use case
I continue not only to build detailed analytics on payments, but also to show use cases for payments on @0xPolygon.
Today, I want to show analytics on card deposits at @KoloHub. We can see that Polygon accounts for 71% of all deposits 🙀. October saw a peak in deposit volume, reaching $3.8M, with an average volume of $1.5M per month. The most active audience using the card is located in Europe.
Another interesting point is that when you top up your balance using @USDC on Polygon, you get a unique ‘purple limited card’.
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@KoloHub is a platform with a crypto wallet and payment card that allows you to spend crypto assets like regular money.
The Kolo crypto card works with @Visa and @raincards (issuer), automatically converts crypto to fiat during purchases, and is supported in over 170 countries, making crypto convenient for everyday payments.