A new joint partnership between WalletConnect and Polygon Labs signals that stablecoin payments have moved beyond experimentation to full-fledged infrastructure. This report describes the use of blockchain-based payments that has reached global scale due to improvements in connectivity, payments, and user experience.
Stablecoin payments have just crossed the infrastructure threshold.
We partnered with @0xPolygon to uncover what’s really going on in 2026, what its scale is, who’s driving it, and what’s next.
Here’s what the data shows 👇 pic.twitter.com/jyjgVxYBAX
— WalletConnect (@WalletConnect) April 17, 2026
WalletConnect has already integrated over 500 million wallets with a network of over 700 providers and has emerged as an intermediary node to connect users to blockchain apps. Polygon, on the other hand, has already processed a transfer volume of over 2.4 trillion stablecoins, making it one of the leading payment layers when it comes to real-world payments.
Polygon’s open money stack targets traditional inefficiencies
The solution Polygon offers to these challenges is Open Money Stack, an interoperable infrastructure layer that enables stablecoin payments currently available in the financial system. The system is compliant, scalable, and enables real-time payments 24/7 at low cost.
According to Polygon CEO Marc Boiron, the final element of stablecoin adoption is smooth integration with the real world. Open Money Stack aims to fill that gap, allowing financial institutions to move money as easily as data flows on the Internet.
WalletConnect strengthens Polygon’s ecosystem reach
Walletconnect is essential to expanding Polygon’s reach by bridging wallets, exchanges, and decentralized applications. This integration will allow developers and businesses to more easily engage users and facilitate cross-platform transactions.
This joint venture will also help accelerate the adoption of Polygon-based stablecoins and POL tokens, which will further help the network gain traction in both crypto-native and enterprise environments.
Jess Houlgrave, CEO of WalletConnect, emphasized that in the future, payments will depend on ecosystem connectivity.
WalletConnect Pay enables end-to-end payment integration
One of the report’s biggest takeaways is WalletConnect Pay, an end-to-end solution that allows merchants and payment service providers to accept stablecoins in a single integration.
In contrast to standalone crypto products, WalletConnect Pay is part of your existing checkout system, along with card and bank transfers. The system has access to over 500 million wallets and features instant payments, making it a powerful alternative to traditional payment rails.
Demand signals indicating rapid growth
This report shows strong evidence that the demand for cryptocurrency payments is increasing. In a survey of 1,422 users, 96% expressed a desire to use cryptocurrencies for payments, but many users could not find a merchant to do so.
Cryptocurrency card spending will increase by 525% in 2025, and the average order value for cryptocurrency transactions will be 15-25% higher than traditional card payments. Meanwhile, 69 percent of users noted that they had abandoned at least one cryptocurrency payment in the past six months, indicating friction in the payment process.
The volume of WalletConnect network data represents another dimension of opportunity. Of the 1.11 million wallets investigated, there were 36.3 billion stablecoins, with an average balance of 32,704.
Polygon leads stablecoin activity
The number of transactions using stablecoins on Polygon is still growing rapidly, especially $USDC. Weekly transaction volume on this network was 27.5 million $USDCsurpassing Solana, which had 22 million. $USDCwithin a week.
102.8 million polygons processed $USDC This was 46% of the global total. $USDC It has a high transfer volume, offering 2.6x more volume compared to the next largest chain.
Based on WalletConnect data, in one week in March, $USDC There were 4.38 billion people in its network.
Building the financial internet
WalletConnect and Polygon’s partnership signals a broader shift in global finance. Currently, the transaction value of stablecoins has already reached $46 trillion, with ease of use, compliance, and interoperability playing a central role.
As blockchain infrastructure becomes more transparent to end users, usage is expected to rapidly increase among enterprises, fintech providers, and payment providers.
With Polygon focusing on payments possibilities and WalletConnect relying on the breadth of its network, these two platforms are becoming what is being called the next stage of the financial internet, where money flows as easily as information.
