Welcome back to the Polygon Weekly Overview, the best place for the Polygon community to get up to speed on the chain’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
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By The Numbers
Polygon Total Volume Locked (TVL): $1.12B (+0.78%)
Daily Protocol Revenue on Polygon: $332.39 (+11.68%)
Daily DEX Trading Volume: $178.5M (-21.56%)
Polymarket: $132.63M (+9.29%)
Uniswap V4: $29.76M (+43.84%)
QuickSwap V3: $8.4M (+33.76%)
The percentages and metrics are based on a 7-day timeframe, unless noted otherwise.
Polygon Spotlight
🟪What happened: Brazilian foreign exchange bank, Grupo Braza, is bringing its Brazilian Real-backed stablecoin, BBRL, to Polygon.
Separately, Trust Wallet has partnered with Coinme to let its users deposit cash at 15,000 U.S. retail locations and convert the money into supported crypto tokens, which will be transferred to their wallets.
Coinme, which is being acquired by Polygon Labs, has money transmitter licenses in 48 U.S. states and boasts over one million users. The integration lets users deposit physical cash at nearby retail locations and receive digital assets within minutes, no bank account required.
🟪Why it matters: BBRL's expansion to Polygon adds another stablecoin to the network's payments infrastructure.
Traditional correspondent banking routes involve multi-day settlement, hidden FX spreads and limited visibility. With BBRL on Polygon, settlement occurs in seconds, fees are predictable, and both parties see the same ledger state.
In 2025, Polygon processed $4.60 billion worth of FX transactions across 3.7 million transfers via stablecoins, supporting over 25 different currency pegs. BBRL is the latest stablecoin to be launched after BRZ and BRLA, which together recorded $320 million in weekly volume earlier this year, further concentrating Brazilian Real liquidity on the network.
The Trust Wallet and Coinme integration addresses a different but equally critical use case: using physical cash to easily buy crypto. Participating in digital finance has traditionally required a bank account or custodial intermediary, and this integration removes that barrier by turning thousands of retail stores into onramps for accessing digital assets.
🟪The big picture: Together, both developments tie into Polygon's vision for its Open Money Stack, an infrastructure for connecting regulated on and off-ramps, embedded wallets, crosschain orchestration, and payments settlement.
BBRL plugs into the stack from the stablecoin issuance side, while Coinme provides the licensed fiat boundary for cash-to-crypto conversion.
These developments illustrate how Polygon's payments infrastructure is expanding on multiple fronts. On one side, local-currency stablecoins are reaching real scale. On the other, regulated access via fiat currency is being embedded directly into the stack.
Chart Of The Week
Polymarket hit an all-time high TVL of $412.39 million on February 25
Into the Agglayer
POL stakers are eligible for Katana's vKAT airdrop. Additional rewards are available for voters, including app revenue sharing, vote incentives from protocols, and redistributed exit fees
Espresso Systems’ co-founder Ben Fisch discussed how Espresso is building cross-chain infrastructure to help Ethereum scale, enabling different blockchains to securely connect and communicate
DL Research published a deep dive on how Katana is bringing the ve(3,3) tokenomics model to the chain level
Sentient's head of strategy and growth, Abhishek Saxena, spoke on the Presto Research Podcast about the existential risks of centralized AI, open-source as a survival mechanism, and building decentralized defense infrastructure for AGI
Ecosystem Showcase
Polygon co-founder Sandeep Nailwal joined The Sujal Show to discuss POL price action, stablecoins vs UPI, and Polygon's 2030 vision
Polygon raised its gas limit to 110M, pushing max throughput to 2,600+ TPS and enabling around 224M transactions per day
COCA’s wallet now offers up to 8% cashback to Polygon users on everyday spending, with top-ups via Polygon and rewards paid in USDC or EURC
Polygon's Trails MCP Server is now available, giving AI agents a single endpoint to orchestrate crosschain payments, swaps, and bridges across 50+ chains
Polygon has formalized the Safe Standard, joining Base, Arbitrum, OP, and others whose foundation treasuries, governance, and onchain operations run on Safe multisig infrastructure
Join In The Fun
Going to Japan Fintech Week? Join Polygon to learn more about the Open Money Stack and its modular infrastructure for global onchain finance
Until next week!
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.