Polygon's Stablecoin Settlement Share: AMBCrypto Cites Visa/Allium Data
AMBCrypto cited Visa/Allium stablecoin data to measure Polygon's stablecoin settlement market share, which fell from 1.54% in 2023 to 0.72% in 2026, in its coverage of the POL-holder backlash.
AMBCrypto cited Visa/Allium stablecoin data in its July 2026 coverage of Polygon's payments push and the resulting POL-holder backlash.
What it is
AMBCrypto's report on Polygon's payments strategy and the 'holders have no equity' pushback used a stablecoin settlement market-share chart credited to Visa/Allium. The chart traced Polygon's share of onchain stablecoin settlement declining from 1.54% in 2023 to 0.72% in 2026, which the outlet used to frame the gap between Polygon's payments narrative and its measured onchain activity.
Why it matters
The figure comes from the Visa Onchain Analytics dashboard, built on Allium data. When a crypto outlet reaches for a chain-level stablecoin settlement number to check a payments claim, it pulls from that dataset. That is Allium data serving as the reference point in a live market debate about which chains actually move stablecoin volume.
Who covered it
AMBCrypto published the original piece; cryptonews.net syndicated it the same day with the same Visa/Allium chart.
Attribution
Njiri, B. (2026). Polygon's Payments Push Sparks POL Backlash — 'Holders Have No Equity'. AMBCrypto.
Chart credit as published: 'Source: Visa/Allium.'
Links
Primary: ambcrypto.com
Syndication: cryptonews.net