Polygon Extends Open Money Stack to Solana for Stablecoin Payment Flows

2 hours ago 3



TL;DR: The company said customers can fund accounts through bank transfers, cards, cash or digital assets, then route supported tokens between Solana, Polygon and other chains. Support for a network is not a claim that every bank, token or jurisdiction is available to all customers. Polygon Labs announced on October 29 that its Open Money Stack supports Solana-based businesses throughout a stablecoin payment flow, from a bank deposit to an on-chain balance and a bank payout. The tools combine account infrastructure, fiat conversion, wallets and routing. The announcement and the numbers The most concrete starting point is the dated disclosure from Polygon Labs. It offers a specific basis for assessing Polygon Open Money Stack’s new Solana support without turning the story into unsupported price speculation. The company said customers can fund accounts through bank transfers, cards, cash or digital assets, then route supported tokens between Solana, Polygon and other chains. Polygon presented the integration as infrastructure that can sit behind a payment app without forcing its users to handle bridges directly. There is a practical market question underneath the announcement: how qu...

Read Entire Article









피플앤툴즈 네트워크
🛍 샵