There is an interesting phenomenon in the stablecoin ecosystem on the Polygon chain recently. The daily transfer count of USDC has exceeded 7.7 million, setting a new record. Comparing this number with other mainstream stablecoins, the gap is quite obvious—they typically handle around 1.6 million transactions per day, while USDC is nearly five times that level.
What can we infer from this data? USDC's activity and application on Polygon are indeed leading the pack. Users may choose USDC for on-chain transfers and interactions because of its deep liquidity, strong ecosystem support, or simply out of habit. While this concentration highlights USDC's dominant position, it also signals the need to pay attention to the competitive landscape of the stablecoin market—there's still plenty of room for other players to attract users.
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DecentralizedElder
· 2h ago
7.7 million transactions? Oh my god, USDC is going to dominate everything.
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LiquidationKing
· 4h ago
USDC is so powerful, with 7.7 million transactions directly surpassing other coins by a wide margin. This is what an ecosystem moat looks like.
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CoconutWaterBoy
· 6h ago
7.7 million transactions? Wow, that's a bit exaggerated. Are other stablecoins doing so badly?
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rekt_but_vibing
· 01-08 21:53
USDC is so fierce, a 5x difference. Other stablecoins are a bit miserable.
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PrivacyMaximalist
· 01-08 21:53
USDC 5x gap, this is what you call the winner takes all. How can other stablecoins break the deadlock?
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FlashLoanLarry
· 01-08 21:52
nah, 5x spread is absolutely wild... but here's the thing nobody talks about - those transaction volumes mean nothing if capital utilization stays trash. liquidity depth ≠ efficiency.
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MoneyBurnerSociety
· 01-08 21:51
7.7 million transactions, my losses can now be recorded on the blockchain.
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EyeOfTheTokenStorm
· 01-08 21:49
7.7 million transactions in transfer volume, this data is a bit too impressive... Wait, is there real demand behind it or is it just a big holder doing T?
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LightningPacketLoss
· 01-08 21:44
USDC's recent move is truly impressive, with 7.7 million transactions directly surpassing other stablecoins. The liquidity depth is indeed formidable.
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LeekCutter
· 01-08 21:36
7.7 million transactions? That's a bit scary in terms of concentration; it feels like USDC is about to monopolize.
There is an interesting phenomenon in the stablecoin ecosystem on the Polygon chain recently. The daily transfer count of USDC has exceeded 7.7 million, setting a new record. Comparing this number with other mainstream stablecoins, the gap is quite obvious—they typically handle around 1.6 million transactions per day, while USDC is nearly five times that level.
What can we infer from this data? USDC's activity and application on Polygon are indeed leading the pack. Users may choose USDC for on-chain transfers and interactions because of its deep liquidity, strong ecosystem support, or simply out of habit. While this concentration highlights USDC's dominant position, it also signals the need to pay attention to the competitive landscape of the stablecoin market—there's still plenty of room for other players to attract users.