Polygon expands Open Money Stack to support Solana, targeting $2 trillion stablecoin volume

Polygon has expanded its Open Money Stack platform to now support Solana , aiming to streamline stablecoin and cross-chain payment infrastructure for businesses operating on both networks. The announcement, released on October 29, highlights Polygon’s shift toward integrating with major crypto ecosystems including those previously seen as competitors. The Open Money Stack allows businesses building on Solana to access a single interface for linking bank accounts, managing stablecoin wallets, and enabling cross-chain payments. This integration supports a wide range of payment methods, including bank transfers, card payments, cash deposits, and cryptocurrency transactions. With this new capability, companies can now convert traditional currencies into stablecoins, store those assets within Solana wallets managed through Polygon’s infrastructure, and carry out asset transfers across multiple supported blockchains.

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