Stablecoins have become a fundamental component of financial innovation, and Polygon is leading the way in this space. In a recent interview, we had the opportunity to speak with Aishwary Gupta, the Global Head of Payments, Exchanges & Real World Assets at Polygon.
The adoption of stablecoins on the Polygon network has seen a significant increase, with a 23.3% growth in supply and a 30% rise in active wallets in the first quarter of 2025. This surge can be attributed to partnerships with industry giants like PayPal and Stripe, as well as the growing regulatory clarity surrounding stablecoins. This shift indicates a move towards real-world utility rather than speculative use cases.
Gupta highlighted Polygon’s efforts to make stablecoin transactions as seamless as popular payment platforms like Venmo. The network is strategically expanding into non-USD currencies to cater to a global audience. With its technical infrastructure offering low fees, fast finality, and the AggLayer for interoperability, Polygon stands out among its competitors.
The integration of stablecoins with tokenized real-world assets is a key focus for Polygon, with collaborations with institutions like Fidelity and government entities such as the state of Wyoming. As adoption continues to accelerate, Gupta envisions a future where crypto payments become a seamless part of everyday life for billions of people.
In a detailed Q&A session, Gupta discussed the drivers behind the growth of stablecoins on Polygon, the diverse mix of users fueling this activity, and strategies to further expand the user base. He emphasized the importance of simplifying the user experience to make sending stablecoins on Polygon as straightforward as using Venmo.
Polygon’s technical advantages in the stablecoin payments space, including low fees, fast finality, and AggLayer interoperability, set it apart from alternatives like Tron and Solana. Partnerships with industry leaders like Stripe validate Polygon’s role in the stablecoin ecosystem and unlock new opportunities for growth.
The intersection of stablecoins with tokenized real-world assets on Polygon, with over $270 million in tokenized RWA value, showcases the network’s pivotal role in bridging the gap between digital and traditional assets. Engagements with enterprise and government stakeholders position Polygon as a compliant and trusted platform for institutional stablecoin use.
Looking ahead, Gupta is excited about the next phase of stablecoin and crypto payments growth on Polygon. He anticipates milestones such as the AggLayer enabling seamless cross-chain payments and the integration with major consumer platforms driving mainstream adoption of crypto payments. The goal is to establish Polygon as a hub for new assets, their utility, and forex on the chain, fostering sustainable businesses and widespread adoption.