Polygon’s $5B Milestone: P2P Transfers Hit Record High

Polygon has achieved a major milestone with monthly peer-to-peer (P2P) transfers crossing $5 billion in September 2025, marking a 130% year-to-date (YTD) growth. This surge reflects the network’s strengthening fundamentals & growing adoption across both retail & institutional segments.

The momentum comes on the heels of Coinbase’s completed migration from MATIC to POL, and several major ecosystem upgrades positioning Polygon as a cornerstone of Ethereum’s multi-chain future.

• Polygon’s Record-Breaking $5B Transfer Milestone
• Coinbase Completes Migration from MATIC to POL
• Key Ecosystem Upgrades: Stripe, Amina Bank & Rio

Polygon’s Record-Breaking $5B Transfer Milestone

September marked Polygon’s highest ever monthly P2P transfer volume, surpassing $5 billion, a clear indicator of rising on chain adoption. The 130% YTD increase underscores the network’s expanding utility across consumer payments, DeFi protocols, gaming platforms & enterprise applications.

Polygon’s scalability, low transaction fees, & seamless integration with Ethereum continue to make it the go to choice for developers & users seeking high speed decentralized infrastructure. This growth also highlights the ecosystem’s shift from speculative activity to sustained real world usage.

Monthly P2P transfer volume on #Polygon hit an All Time High of $5,06 Billion in September and showing an amazing 130% YTD growth 🔥 pic.twitter.com/JpltGYJEsC

— Rand (@crypto_rand) October 22, 2025

Coinbase Completes Migration from MATIC to POL

In a landmark upgrade, Coinbase has successfully completed the migration of all MATIC holdings to POL, aligning with Polygon’s 2.0 architecture. The POL token serves as the next-generation governance & staking asset, enabling validators to secure multiple Polygon chains simultaneously while fostering interoperability across the network.

The conversion of Polygon (MATIC) to Polygon Ecosystem Token (POL) is complete. Sends and receives for Polygon (MATIC) have been re-enabled.

— Coinbase Markets 🛡️ (@CoinbaseMarkets) October 17, 2025

This seamless transition marks growing institutional alignment with Polygon’s vision of a unified, modular, & multi-chain ecosystem. Coinbase’s move further cements POL’s role as the backbone of Polygon’s future economic model, bridging liquidity & governance across its ecosystem components.

Key Ecosystem Upgrades: Stripe, Amina Bank & Rio

Polygon’s rapid growth has been catalyzed by a series of high-impact integrations & upgrades throughout October:

• Stripe Launches Recurring Stablecoin Payments : Stripe’s integration allows merchants to accept recurring stablecoin-based payments on Polygon, opening doors to scalable, on-chain subscription models for global commerce.
• Amina Bank Introduces Regulated Institutional Staking: Amina Bank’s initiative bridges traditional finance with DeFi, allowing institutional investors to stake POL within a compliant framework which is a significant step toward mainstream blockchain finance.
• Rio Payments Upgrade Goes Live : The Rio upgrade, Polygon’s biggest payments enhancement to date, brings major efficiency improvements, reducing transaction latency & boosting throughput for enterprise-grade applications.

These developments collectively reinforce Polygon’s role as a scalable foundation for next-generation finance, spanning institutional staking, retail payments & decentralized infrastructure.

With $5 billion in monthly P2P volume, a completed Coinbase migration, & powerful ecosystem integrations from Stripe, Amina Bank & Rio, Polygon is entering its most transformative phase yet. The network’s focus on scalability, compliance, & cross-chain coordination continues to position it as the leading Layer-2 engine for real-world financial innovation.

As the POL era unfolds, Polygon stands poised to redefine decentralized payments, enterprise finance & Web3 adoption at scale.

If you find any issues in this blog or notice any missing information, please feel free to reach out at yash@etherworld.co for clarifications or updates.

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