Polygon ranks top 2 in net flows while LATAM payments surges past $1B
Polygon Weekly Overview - August 22, 2025
Welcome back to the Polygon Weekly Overview. The best place for Polygon community members to get up to speed on the chain’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
New here? Subscribe here to get updates to your inbox. Every Friday.
By The Numbers
Polygon daily active users: 626.33K (+0.38%)
Polygon daily txns: 3.87M (-4.68%)
Polygon Total Volume Locked (TVL): $1.22B (-3.47%)
NFT weekly sales volume: $15.95M (+36.69%)
Top 3 NFT collections by sales volume:
Courtyard: $14.53M (+41.22%)
DNS: $399.2K (+920.41%)
Voxies: $73.65K (-14.04%)
The percentages and metrics are based on a 7-day timeframe, unless noted otherwise.
Polygon Spotlight
🟪What happened: Polygon ranked second in net flows across all blockchain networks this week with $168.3 million, trailing only Ethereum, according to Artemis.xyz data. Additionally, the network processed over $1 billion in LATAM volume this year, according to Dune Analytics LATAM Crypto 2025 Report.
🟪Why does it matter: These metrics show that Polygon is experiencing significant flows in capital, while also dominating emerging market payment infrastructure, particularly in Latin America where local currency stablecoins have driven adoption.
The $168.3 million net flow shows strong institutional and retail confidence in Polygon's infrastructure. The network recorded $228.3 million in inflows against $60.1 million in outflows, while also seeing over $169 million bridged to Ethereum this week. This indicates that the network is one of the primary destinations for onchain capital, with Polygon's infrastructure trusted for both bridging and transactions.
Moreover, Polygon's $1 billion LATAM volume shows how the network's real-world payment utility is bringing low cost money transfer capabilities in emerging markets. Significant volume has come from Brazilian real (BRL) stablecoin activity, where Polygon processes the majority of transactions. In July alone, the network handled 500 million BRL ($91 million USD) in monthly volume across 74,000 transfers from 14,000 unique users.
Unlike USD stablecoins that concentrate on Ethereum mainnet, BRL stablecoins operate primarily on layer-2’s. Polygon leads this market with $136 million in BRL liquidity across tokens like BRLA and BRZ, distributed between Uniswap and QuickSwap. This reflects Polygon's role in both peer-to-peer transfers and DeFi integrations for LATAM’s emerging markets like Brazil.
The network's dominance extends to payment infrastructure providers serving LATAM. Capa, which enables fintechs to embed stablecoin rails, processes 68% of its $29.9 million total volume through Polygon at $14.1 million. Similarly, BlindPay routes 99% of its $91.86 million processed volume through Polygon, using the network for global fiat and stablecoin payments.
These payment providers show how Polygon's low fees and fast settlement give practical financial services to regions with banking limitations. Traditional cross-border remittances to LATAM often charge over 20% in fees, while Polygon-based solutions offer near-instant settlement at a fraction of the cost.
🟪The big picture: Polygon's strong capital inflows and growth in emerging market payments positions the network as essential infrastructure for global financial inclusion, particularly as developing economies adopt blockchain payment rails.
The $1 billion LATAM volume milestone shows blockchain payments achieving product-market fit in emerging economies where currency instability and banking limitations create natural demand. In Brazil, the adoption of USD and BRL stablecoins for everyday transactions showcases how blockchain infrastructure can replace traditional banking systems in regions where local financial services fail to meet user needs. This infrastructure maturation is evident as emerging payment providers like BlindPay and Capa build their services on Polygon, leveraging the network's reliability for LATAM markets.
Looking ahead, the LATAM opportunity extends beyond current markets to other developing regions such as Africa and Southeast Asia, where similar economic conditions create demand for blockchain payment rails that Polygon's proven infrastructure can serve.
Into the Agglayer
X Layer mainnet is connected to Agglayer and has moved 90% of its OKB token to the network
Sentient announced GRID, a network that connects 110+ specialized AI agents, models and data sources through Sentient Chat
Wilder World launched its early access to its open world metaverse game with a $100K tournament prize pool
Tune into Polygon's X Space with Agglayer and Polygon Labs VP of Governance and Community Hudson Jameson exploring Ethereum's early days
Ecosystem Showcase
Wyoming launched the first state-issued stablecoin in US history with the Frontier Stable Token (FRNT) going live across seven blockchains including Polygon
Check out BlindPay’s Named Virtual Accounts for sending USD via ACH, Wire, RTP and SWIFT
Stake.link launched, stPOL, a Polygon liquid staking token with enhanced MEV rewards
Join in the fun
Join the community discussion with Polygon Labs CEO Marc Boiron on August 22 at 2PM EST to hear Polygon Labs' upcoming plans
Polygon Foundation CEO Sandeep Nailwal is hosting an AMA on Reddit r/CryptoCurrency next week ask questions here
To get this newsletter delivered to your inbox every week, subscribe here.
This product was built by Token Relations.
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.