Polygon Founder: The transaction volume of on-chain stablecoins on Polygon reached nearly 160 million transactions last week, setting a new record.

Odaily · 2026-04-01T06:02:14+00:00

Polygon founder Sandeep Nailwal stated that last week the platform's stablecoin trading volume reached 159.9 million transactions, setting a new record. At the same time, on-chain transaction volume and active addresses also increased, indicating that the network is forming a "flywheel effect." He emphasized that amidst the "cryptocurrency is dead" narrative, teams that continue building can create valuable products, and he pointed out that Polygon is accelerating the development of the future of on-chain payments.

Odaily

2026-04-01 06:02:14

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Odaily Planet Daily News: Polygon founder Sandeep Nailwal said in a post on the X platform that the number of stablecoin transactions on Polygon last week reached 159.9 million, setting a historical high. At the same time, key metrics such as on-chain stablecoin transaction volume and the number of active addresses have all risen in parallel, indicating that the network’s “flywheel effect” is taking shape. In addition, the Polygon PoS network checkpoints have reached 100,000, and the network’s usage scale continues to expand. Sandeep Nailwal added that, amid the renewed narrative of “crypto is dead,” the teams that keep building tend to give rise to valuable products during the cycle, and he said Polygon is accelerating the construction of the on-chain payments future.

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