Polygon Takes Its Payments Toolkit to Solana, Targets Stablecoin Rails

21 hours ago 3



Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR Polygon Labs decided to bring its Open Money Stack to Solana. Businesses get bank funding, wallets, cross-chain transfers and global payouts through one integration. Kira, a fintech focused on cross-border dollar payments, is among the first adopters. Solana says it has handled over $5T in stablecoin volume this year, while Polygon Chain has passed $3T cumulatively. Polygon Extends Open Money Stack to Solana Polygon Labs is making a clear play for the payments market. The firm has rolled out its Open Money Stack on Solana, giving companies a single entry point for bank deposits, embedded wallets, cross-network transfers, and payouts. Developers don’t need to rebuild anything on Solana. This means that teams can adopt the whole package or plug in only the pieces they’re missing. Polygon Foundation CEO Sandeep Nailwal framed it as a way for businesses to stay on the chain their customers prefer while Polygon manages the movement of money around it. This follows the October 8 addition of TRON support and the Coinme acquisition, which possibly gave Polygon’s US payments arm licensin...

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