Polygon Processes $1.82 Billion in Transactions Across 50+ Platforms

Over fifty payment applications facilitated $1.82 billion in transfers on the Polygon network during the last quarter.

Summary

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Terms & Concepts
  • Polygon: A blockchain scalability platform designed to support Ethereum-compatible networks and applications, offering faster and cheaper transactions.
  • Transaction Volume: The total value of funds transferred within a network or platform over a specified period.
  • Payment Apps: Applications that facilitate sending, receiving, or processing payments, often integrating blockchain networks for faster transactions.