The chain everyone wrote off just had its best month ever. "Polygon is a narrative violation chain. $500 million of stablecoin transactions in February. New all-time high." While the market debates which L1 would win the chain wars, Polygon pivoted to payments, stablecoin settlements through Revolut and high-throughput, low-cost execution. The kind of volume that doesn't generate Twitter hype but does generate fee revenue.

FT @0xPolygon