onchain > bank transfers unlike with traditional banking, money moves on polygon faster, cheaper, and without intermediaries. people who get it use polygon for payments
Money does indeed move faster onchain, especially on @0xPolygon USDC stablecoin at velocity at 4.496 outpaces the US economy velocity (~1.3) , and so does $axlUSDC at 3.876. $USDC hit a 12-month high of 4.716 on April 18, while $axlUSDC peaked at 8.24 earlier. $USDT trails at 0.295, showing steady activity. Explore this comprehensive polygon stablecoin velocity dashboard :
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