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Ethereum

Polygon Labs adds Solana support to stablecoin payment stack, offers cross-chain flows

Image: CoinTurk News

Polygon Labs announced on October 29 that its Open Money Stack infrastructure now supports Solana-based businesses, broadening stablecoin payment capabilities across both networks. The expansion allows firms to integrate bank deposits, manage on-chain balances, and execute bank payouts within a unified platform. Polygon Labs, a leading blockchain developer, reported that it has integrated Solana into the Open Money Stack system. This move brings Solana-based assets into workflows that already serve Polygon and other supported blockchains. The company explained that the platform combines key payment functions—such as account infrastructure, fiat conversion, wallet services, and routing—aiming to simplify operations for fintech businesses. According to Polygon Labs, customers can fund their accounts using various methods, including bank transfers, credit cards, cash, and digital assets, enabling broad participation in stablecoin payment flows.

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