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Visa has integrated Polygon into the global stablecoin settlement program.
The data provided by Polygon official is very solid: Visa's plan has already reached an annualized volume of $7 billion this quarter, a 50% increase over three months;
Polygon has captured 34% of USD stablecoin transfers and 54% of USDC transfers.
I usually look at transaction volume and on-chain market share first; having both numbers makes the reference value much higher.
People involved in payments, clearing and settlement, and stablecoin infrastructure can consider this as an effective example of the on-chain payment penetration speed this year.
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