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Ethereum

Polygon Takes Its Payments Toolkit to Solana, Targets Stablecoin Rails

Image: Bitcoinist

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.

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