To understand why users generate the largest volume in microtransactions on @0xPolygon, you need to realize 2 things: a very low fee and the involvement of payment services. 35% of the volume in microtransactions is carried out by crypto cards.
If we look at the analytics on crypto cards on Polygon, we can see that at the peak, the total volume reached $90m and almost half of this volume is microtransactions.
The other 65% is generated by users who are able to exchange funds at a super-minimal fee.
Why is this so?
It's simple, low fees, support for payment projects, and the development of payment infrastructure make Polygon one of the leading projects in payments and RWA.
Polygon enables institutional-grade payment rails with low fees, fast settlement, and infra already supporting billions in stablecoin flows.
And the June numbers are looking good
Micropayments ($0.50 to $100) reached ATH crossing $100M in monthly volume!
Thread continues 👉
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