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Data: The weekly trading volume of USDC on Polygon reached 28 million transactions, surpassing Solana to become the most active USDC chain

Feb 17, 2026 10:35:55

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Data analyst Peter posted on platform X that last week the data for stablecoins on the Polygon network performed significantly. The weekly transaction volume of Polygon's USDC reached 28 million, setting a new weekly record and surpassing Solana's 22 million, making it the most active USDC chain in the ecosystem. The number of USDC transfers reached 103 million, setting a weekly record and capturing 46% of the market share.

In terms of all dollar stablecoins, Polygon recorded 32.6 million transactions, a growth of 67%, only trailing Solana by 600,000 transactions. Polygon processed 120 million dollar stablecoin transfers, surpassing BNB for the first time. In terms of payment transfers, the number of transfers in January approached 2 million. Additionally, Polygon's x402 weekly native transfer volume reached $1.2 million, with a transaction count of 358,000, both ranking first across all chains.

In other developments, Polygon joined the Enterprise Ethereum Alliance; Polygon will provide USDC tax refund services at Milan, Rome, and Venice airports during the 2026 Winter Olympics; Polygon proposed the PIP 82 proposal, planning to recover up to $1 million in Gas base fees through PIP 65 to support proxy business activities.

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