Stablecoins and RWAs are accelerating on Polygon, CEO shares

Polygon Weekly Overview - August 1, 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.

By The Numbers

• Polygon daily active users: 460.58K (-21.90%)

• Polygon daily txns: 2.94M (-20.54%)

• Polygon Total Volume Locked (TVL): $1.14B (-1.38%)

• NFT weekly sales volume: $10.55M (-5.27%)

• Top 3 NFT collections by sales volume:

  • Courtyard: $8.86M (-8.62%)

  • ValensPay Pass: 412.64K (+891.62%)

  • Posk Diamond Card 144K (+1100%)

The percentages and metrics are based on a 7-day timeframe, unless noted otherwise.

Polygon Spotlight

🟪What happened: Stablecoins and real-word assets (RWAs) are ramping up on Polygon PoS, Polygon Labs CEO Marc Boiron shared during the company’s quarterly webinar.

🟪Why does it matter: Stablecoin transfers of USDC under $1,000 have surged 141% this year on Polygon, surpassing other chains, Boiron shared. Polygon also ranks second for USDC transfers between $1,000 to $10,000, he shared. Meanwhile, competitors are seeing fees spike above $7 for stablecoin transfers, while Polygon users still pay fractions of a cent. This is positioning the chain as a specialized payment infrastructure rather than just a general-purpose blockchain.

“Polygon is built for stablecoin transfers that can happen very fast and low-cost,” Boiron said. This cost advantage is driving global adoption, with particularly strong growth in South America, where Argentina and Brazil lead the way.

The strategy also extends beyond payments. “We believe that as you bring a lot of stablecoin volume to Polygon from institutions and fintechs, they’re going to leverage the infrastructure they’ve already built for their customer base and move into RWAs, too,” Boiron explained.

This specialized approach reflects a broader shift in the ecosystem’s philosophy. “No general purpose chain is going to be able to handle all the volume in crypto,” he said. Instead of trying to be everything to everyone, Polygon PoS is focused on what it was designed for with the chain’s natural strengths in payments infrastructure.

🟪The big picture: This focused strategy is already helping POL token holders for value accrual as the ecosystem scales.

“When you look at these numbers for payment activity and stablecoins, and then you look at POL, what you see is a massively underpriced asset,” Boiron said. “The benefit is all going to come to POL. And the value that Agglayer will bring hasn’t even been shown yet.”

POL is down 44.5% year-to-date, the market cap has also decreased during that time frame.

The vision extends beyond Polygon PoS alone. The Agglayer enables cross-chain transactions across specialized chains, providing focused specific use cases. So the infrastructure can scale to handle internet-level volume without relying on a single chain to solve everything.

“We can build block space in a way that brings faster finality and the type of infrastructure you’d want for a stablecoin and RWA-focused chain,” Boiron added.

As more institutions and fintechs build payment infrastructure on Polygon, they’ll be naturally positioned to expand into RWAs using the same foundation, creating a flywheel effect that strengthens both ecosystems simultaneously.​​​​​​​​​​​​​​​​

Into the Agglayer

• Tune into the Agglayer X Space diving into building on the ecosystem

• Learn about the advantage of CDK Erigon as a rollup

• Read Boiron’s blog post on betting on aggregation with Agglayer

• Check out EggSwap, a crosschain bridge, built by Polygon DevRel Akshat Gada

Ecosystem Showcase

• SushiSwap TVL on Katana is over $100 million marking a new high

• Philippines Department of Budget and Management has launched a blockchain-based system for document storage on Polygon

• Check out Polygon’s Kaito dashboard to learn more about the biggest voices in the ecosystem

• Checker integrated with Polygon to unlock stablecoin and FX liquidity

• POL incentives went live on Compound Blue

Join in the fun

Want to dive into the Polygon ecosystem full-time? Find the latest job postings here.

• Interested in building on Agglayer? Join by filling out the intake form

• Listen to how Agglayer looks to improve UX starting with wallets in this X Space on August 4th

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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.