Not every market runs on dollars. Around the world, people need cash that fits their life, exists in their local currency, and settles instantly. Polygon makes this possible. Whether you’re in São Paulo, Singapore or Seville, Polygon brings global reach to real‑world currencies, at internet speed.
The non‑USD stablecoin ecosystem on Polygon
Below is a non-comprehensive list of non‑USD stablecoins currently deployed on Polygon. Each is fully collateralized and designed to maintain a 1:1 peg with its reference currency.
Token | Pegged currency & region | Issuer & description |
BRZ | Brazilian real (LATAM) | Transfero’s flagship real‑backed token. |
BRLA | Brazilian real (LATAM) | Issued by Avenia; powers cross‑border Pix–SPEI payments. |
BRL1 | Brazilian real (LATAM) | Consortium of Brazilian exchanges including Bitso, foxbit, Cainvest, and Mercado Bitcoin. |
CLPM | Chilean peso (LATAM) | Minteo’s peso‑pegged token for Chile; backed 1:1, audited smart contracts, and monthly attestations. |
PENM | Peruvian sol (LATAM) | Minteo’s sol‑backed stablecoin serving Peru; backed 1:1, audited smart contracts, and monthly attestations. |
COPM | Colombian peso (LATAM) | Minteo’s Colombian peso token; backed 1:1, audited smart contracts, and monthly attestations. |
MXNM | Mexican peso | Minteo’s Mexican peso token; backed 1:1, audited smart contracts, and monthly attestations. |
COPW | Colombian peso (LATAM) | Bancolombia’s Wenia token; integrates with domestic banking rails. |
MXNB | Mexican peso (LATAM) | Bitso’s peso token; part of a remittance network that processed $6.4B in 2024. |
MXNe | Mexican peso (LATAM) | Etherfuse’s flagship peso stablecoin for cross-border payments, merchant systems, and financial apps. |
eMXN | Mexican peso (LATAM) | |
JPYC | Japanese yen (APAC) | JPYC Inc.’s regulated yen stablecoin; fully backed by bank deposits. |
XSGD | Singapore dollar (APAC) | StraitsX’s SGD token, Singapore’s first; widely used across DeFi and payments on Polygon. |
XIDR | Indonesian rupiah (APAC) | StraitsX IDR token for the Indonesian market and designed to transform money transfers |
IDRX | Indonesian rupiah (APAC) | Issued by IDRX, fully regulated; provides rupiah liquidity on Polygon. |
IDDR | Indonesian rupiah (APAC) | Issued by IDDR and serving the Indonesian market. |
IDRT | Indonesian rupiah (APAC) | RupiahToken’s long‑standing IDR stablecoin. |
IDRP | Indonesian rupiah (APAC) | Issued by IDRP, a fully-backed stable. |
PHPC | Philippine peso (APAC) | CoinsPH’s PHP‑backed stable, connecting Filipino users to blockchain payments. |
PHT | Philippine peso (APAC) | APACX’s overcollateralized peso token, targeting DeFi and e‑commerce. |
AUDF | Australian dollar (APAC) | Forte’s AUD token, with transparent, published third-party audit reports. |
NZDS | New Zealand dollar (APAC) | Techemynt’s NZD token, giving New Zealanders onchain access to local currency. |
CADC | Canadian dollar (NA) | Paytrie’s CAD token, widely used in Canadian fintech applications. |
EUROP | Euro (EMEA) | Schuman Financial’s MiCA-compliant euro‑backed stable. |
EURQ | Euro (EMEA) | Quantoz’s euro stablecoin designed for reimagining how businesses move money. |
EURe | Euro (EMEA) | Monerium’s MiCA‑ and EIM-compliant e-money stable. |
EURC | Euro (EMEA) | Circle’s Euro Coin; fully reserved and interoperable across chains. |
EURS | Euro (EMEA) | STASIS’s euro stable shortcutting financial inefficiencies. |
EURAU | Euro (EMEA) | AllUnity’s euro stable, for the next generation of global euro liquidity. |
VEUR | Euro (EMEA) | VNX’s euro‑pegged token licensed under the blockchain act in Liechtenstein. |
VCHF | Swiss franc (EMEA) | VNX’s Swiss‑franc stablecoin, licensed under the Blockchain act in Liechtenstein. |
TRYB | Turkish lira (EMEA) | BiLira’s lira‑pegged token enables Turkish users to tap local digital currency. |
xZAR | South African rand (EMEA) | xZAR’s rand token; brings ZAR liquidity onchain. |
ZARP | South African rand (EMEA) | Inves Capital’s brings rand onchain for internet speed. |
NGNC | Nigerian naira (EMEA) | Linkio World’s naira, fiat-backed with monthly attestations.. |
Note: Polygon supports dozens of local currency tokens, not all of which are listed above. New issuers join the ecosystem regularly.
Why Polygon?
- Proven liquidity, proven adoption. As of December 2025, Polygon captures more than 61% of monthly DEX volume for non‑USD stablecoins across APAC, LATAM and Africa. In September 2025 alone, Polygon’s non‑USD stablecoins generated $72.97 million in transfer volume and over 83,000 transfers.
- Built for volume. The network routinely supports millions of stablecoin transfers per day.
- Plug‑and‑play integration. Compatible with Ethereum tooling, Polygon lets developers ship stablecoin‑based apps quickly and connect to hundreds of on‑ and off‑ramps worldwide.
- Fast and affordable. On Polygon, basic transfers cost fractions of a cent and settle in near-instantly.
Real‑world impact
- Cross‑border remittances: As an example: Bitso’s integration with Polygon enables Mexicans to receive funds in MXNB quickly and with minimal fees, bypassing costly bank wires. Avenia’s BRLA corridor similarly connects Brazil’s Pix with Mexico’s SPEI rails.
- Merchant settlement: In Brazil, small businesses use BRZ and BRLA to settle sales instantly, avoiding chargebacks and high card fees.
- Corporate treasury: European enterprises can pay suppliers in EUROD without exchanging into dollars, maintaining currency consistency.
- Programmable finance: Developers are building DeFi protocols and prediction markets (e.g., Polymarket) that let users deposit and trade in their own currencies, all on Polygon’s rails.
Ready to build?
Non‑USD stablecoins bring local currency to a global market, and a global market to your neighborhood. Whether you’re a fintech, an enterprise, or a DeFi builder, Polygon’s stablecoin ecosystem offers the reach, liquidity, and tools you need to launch tomorrow’s payment solutions. Start building today or contact our team to learn how you can join the open money movement.
