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Polygon’s Payment Data Suggests the Future of Blockchain Payments May Not Revolve Around Consumers Swiping Crypto Cards - Tekedia

TL;DR AI

Key summary

2 min read
  1. Polygon PoS payment apps processed $5.80B in transfers across 50+ apps, up 51.4% quarter over quarter.

  2. Growth was driven by stablecoins, cross-border remittances, and business payments rather than consumer spending.

  3. By contrast, crypto card transaction volume fell 47.9% to $143.4M.

  4. The split suggests blockchain payments are scaling through real-world settlement rails, not card-linked consumer use.

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