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Sandeep Nailwal, CEO at Polygon Foundation, highlights Polygon's strong stablecoin market with a current supply of $3.7 billion and total stablecoin transfer volume hitting $2.5 trillion. Nailwal also reports that USD-based stablecoin transactions last month totaled 197 million and emphasizes that money movement on Polygon costs only a fraction of a cent.
Nailwal argues that onchain payments are now an established use case rather than simply a pitch.
Nailwal previously introduced Open Money Stack at Polygon, aiming to enable instant value transfers through a unified API solution. He has also highlighted Polygon's evolution from an early concept to handling trillions in transaction volume over the past six years on the network. The latest stablecoin data adds to his ongoing commentary on payment infrastructure.