$→
Open Money Intel
Subscribe
Live · 7 rails tracked · updated hourly

Onchain money,
positioned daily.

Competitive intelligence for the Open Money era — stablecoin rails, settlement velocity, fintech distribution. An AI-generated weekly briefing built around how the Polygon Open Money Stack stacks up against Tron, Solana Pay, Base, Circle, and TON.

Get the weekly briefingSee the launch pipeline →
Onchain stablecoin supply · 180d-0.07%
$303.86B
Tracked rails
7
Polygon + 6 competitors
Onchain stablecoin supply
$303.86B
-0.07% 180d
Polygon Stack supply
$3.57B
-4.50% 7d
Polygon Stack rank
#6
1.18% of onchain $

Payment rails at a glance

Seven rails, one positioning question: where does Polygon win, where is the room, where do we concede?

Full comparison →

Polygon Open Money Stack

Spotlight

Polygon's API-driven money-movement stack — PoS for liquidity depth, AggLayer for cross-chain unification, CDK for issuer chains, zkEVM for verifiable settlement.

Stable supply
$3.57B
7d Δ
-4.50%
30d Δ
+6.71%
PolygonPolygon zkEVM

Circle (USDC + CCTP)

The issuer-led narrative. Owns the regulated dollar and the cross-chain transport. Competes upstream — Polygon needs to be Circle's best home, not its replacement.

Stable supply
$152.89B
7d Δ
-1.04%
30d Δ
-4.30%
EthereumAvalancheArbitrum

Tron

The pragmatic incumbent. Dominates USDT settlement in emerging markets via low fees and remittance corridors. Polygon's biggest competitor for global stablecoin payments by volume.

Stable supply
$89.76B
7d Δ
+0.41%
30d Δ
+0.82%
Tron

BSC

Quietly persistent. Largest USDT chain after Tron and the default rail for parts of APAC retail. Often missed in US-centric competitor maps.

Stable supply
$17.45B
7d Δ
-0.43%
30d Δ
-1.90%
BSC

Solana Pay

Visa-aligned payments narrative. High-throughput, low-fee chain with a growing fintech and merchant integration story — the platform competitor to convert.

Stable supply
$16.30B
7d Δ
-4.24%
30d Δ
+4.93%
Solana

Base / Coinbase Payments

Coinbase's distribution into onchain payments. Strong consumer wallet funnel; ICP overlap on US-fintech buyers but weak outside US/EU.

Stable supply
$4.87B
7d Δ
+2.03%
30d Δ
+0.33%
Base

TON

Telegram-distributed payments. Consumer-first, in-app, growing fast. Different ICP than Polygon today — but the playbook for embedded crypto money movement to watch.

Stable supply
$790.61M
7d Δ
+0.02%
30d Δ
+1.33%
TON

Stablecoin supply by rail

Sum of stablecoin supply across constituent chains

Movers · 7d

Largest week-over-week supply shifts

  • Polygon Open Money Stack
    $3.57B supply
    -4.50%
  • Solana Pay
    $16.30B supply
    -4.24%
  • Base / Coinbase Payments
    $4.87B supply
    +2.03%
  • Circle (USDC + CCTP)
    $152.89B supply
    -1.04%
  • BSC
    $17.45B supply
    -0.43%

The Monday briefing

Every Monday: a short, AI-generated intelligence brief on stablecoin rails — what moved, what the narrative is doing, where Polygon's positioning is sharpening or eroding, with battlecards against named competitors.

  • · Supply shifts across seven rails — Polygon angle included
  • · Narrative shift in the payments conversation
  • · Open Money Stack angle — what to say differently this week
  • · Battlecards vs Stripe/Bridge, Circle, Solana Pay, Tron, Base, TON

Weekly intelligence briefing

Every Monday: ecosystem movers, narrative shifts, AggLayer positioning, and battlecard updates. No noise.

Free · unsubscribe anytime · we don't share emails

Why this exists

Polygon is mid-pivot — from L2 scaling narrative to the Open Money Stack. PMM teams in mid-pivot moments need three things: a live read of how competitors are pricing the new narrative, a launch system that compresses positioning into shipped assets, and a measurement loop that says what's working. This site is a working prototype of all three. See the architecture →