Stripe's USDC Transfers Exceed $100 Million on Polygon, Base, Ethereum
Stripe, a leading global fintech company, hit an all-time high in USDC stablecoin transfers. In September 2025 alone, the platform processed over $17 million in USDC via three blockchains, with Polygon (POL) outshining Ethereum (ETH).
Stripe hits $100 million in USDC transfers across Polygon, Ethereum, Base
Stripe's Global Financial Accounts service eclipsed a cumulative $100 million in transfers via the USDC stablecoin. This massive amount was processed on three blockchains: Polygon (POL), Ethereum (ETH) and Base.
. @stripe Global Financial Accounts uses stablecoins by @USDC reached a total volume of $102M on three chains: Ethereum, Base, and Polygon.
In September, @stripe generated over $17M across all chains, with Polygon slightly in the lead.
Total volume:@0xPolygon - $51M @ethereum… pic.twitter.com/gfdvVwaAm2
Such results were shared by Alex Obchakevich, seasoned cryptocurrency researcher and investor, with his 64.5K followers on X yesterday, Oct. 3, 2025.
In September 2025, the platform set a new all-time high in terms of stablecoin rails' usage. Stripe transmitted $17 million in USDC coins. Since May 2025, Polygon (POL) has been processing more value than Ethereum (ETH), the Dune dashboard by Obchakevich says.
In total, Polygon (POL) was responsible for $51 million in equivalent, Ethereum (ETH) processed $48 million, while Base totaled $3 million.
The service is available in over 100 countries and territories globally. Paxos, a U.S. fintech heavyweight, is handling the technical side of the integration.
More and more corporations join stablecoin race
In 2025, more and more Web2 digital payment systems are exploring the opportunities of stablecoins. Last week, PayPal launched Aave incentives for its PYUSD stablecoin.
PayPal USD activated incentives on Aave.
As covered by U.Today previously, Ripple president Monica Long named TradFis integrating stablecoins as one of the hottest trends of 2025.
While such integrations are associated with some technical and regulatory challenges, they definitely contribute to the adoption of stablecoins.
The aggregated supply of stablecoins is sitting at $310 billion as of press time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SEC Investigates Crypto Company Connected to Trump for Delayed Disclosures and Management Issues
- SEC investigates Alt5 Sigma over delayed CEO suspension disclosure and $1.5B token swap linked to Trump-backed World Liberty Financial. - Discrepancies in reporting a six-week delay in publicizing Peter Tessopoulos' suspension raise compliance concerns and triggered an 83% stock plunge. - Firm's ties to Eric Trump and $500M transfers to Trump-linked entities amplify scrutiny amid allegations of money laundering facilitation. - Executive dismissals without misconduct claims and governance turmoil highligh

Dogecoin News Today: Dogecoin ETFs Struggle to Boost Prices, Underscoring Difficulties in the Altcoin Market
- Dogecoin ETFs (BWOW, GDOG) failed to trigger price recovery, with GDOG's $1.4M day-one volume far below $12M forecasts. - Despite institutional interest in DOGE (7th-largest crypto at $22B), indirect exposure structures lack regulatory protections and face volatility risks. - Technical analysis shows DOGE forming bullish patterns near $0.15, but ETF-driven inflows remain insufficient to break $0.155 resistance. - Altcoin ETFs face uneven reception: Solana/XRP products outperformed DOGE, highlighting chal

Uruguay’s Energy Challenges Disrupt Tether’s $500 Million Cryptocurrency Investment
- Tether abruptly ended its $500M Uruguay Bitcoin mining project due to unsustainable energy costs and uncompetitive tariffs. - The project, initially promoted as eco-friendly, faced $4.8M in unpaid bills and regulatory challenges. - The exit highlights risks for crypto miners in regions with volatile energy markets and uncertain policies. - Tether remains interested in Latin American green energy projects despite the Uruguay setback.

Solana News Update: Solana Experiences Sharp Price Drop, Yet Institutional Investments Reflect Confidence in Its Future
- A $239M whale transfer on Solana by Forward Industries to Fireblocks Custody highlights institutional confidence amid SOL's 53% price drop since January 2025. - Upexi's $23M private placement and 40% stock decline underscore crypto exposure risks as institutional Solana ETF inflows hit $420M in November. - CME's Dec 15 SOL/XRP futures launch and Fidelity's staking ETFs signal growing institutional adoption despite Solana's $77.4B market cap decline. - Whale activity and ETF trends suggest strategic long-

