Since the launch of the EIP-1559 update, 658345.05 MATICs have been burned on the Polygon core network.
Developers plan to burn about 0.27% of the total MATIC volume, which is 10 billion tokens, every year. This will make MATIC a deflationary tool.
Last week, financial services provider Stripe announced that its merchants would be allowed to make initial payments using USDC Stablecoins embedded in the Polygon network.