Polygon Bridged USDC (Polygon PoS)

USDC.E

Stablecoin, stable asset weights

A bridged version of USDC on another chain.

STRICT score withheld.Score opens with Pro

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Weights are public.

The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.

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About Polygon Bridged USDC (Polygon PoS)

Analysis of 9 Feb 2026

USDC.e is the bridged version of USDC on Polygon PoS, created by locking USDC on Ethereum and minting equivalent tokens on Polygon through the Polygon PoS Bridge. Originally the primary USDC representation on Polygon, it has been superseded by Circle's native USDC launch in October 2023.

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As of February 2026, USDC.e maintains $869M market cap with 3,335,313 holders and trades at $0.9998 peg stability, but has been relegated to legacy status after Circle discontinued official support on November 10, 2023.

The migration accelerates: USDC.e holds 58.2% market share ($869M) versus native USDC at 41.8% ($622.6M, 2,748,643 holders), down from 100% dominance in October 2023.

Polymarket, the leading prediction market with $337.5M TVL on Polygon, announced migration to native USDC on February 5, 2026, marking a watershed moment for the ecosystem. Polygon's DeFi TVL stands at $1.099B native assets with $7.524B bridged TVL, demonstrating strong network fundamentals despite the stablecoin migration dynamics.

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