Market Flux Event
Polygon Expands Open Money Stack to Solana, Connecting Bank Accounts and Stablecoins in One Integration
Read this in the Market Flux appPolygon Labs has added Solana support to its Open Money Stack, a payments infrastructure platform that lets businesses manage bank funding, embedded wallets, cross-chain transfers and global payouts through a single technical integration and commercial relationship. The announcement, made on October 29, marks a significant broadening of the platform's reach across major blockchain networks.
The Solana expansion follows Polygon's earlier addition of Tron support and its acquisition of Coinme, pointing to an accelerating push by Polygon Labs to build a multi-chain payments layer for enterprises. Cross-border payments firm Kira is among the first businesses to adopt the Solana integration.
The move positions Polygon's Open Money Stack as a unified bridge between traditional bank rails and on-chain infrastructure across multiple networks, reducing the complexity businesses face when connecting fiat funding to crypto-native settlement and global payout systems.
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Sources
- The BlockPolygon adds Solana to payment stack linking bank accounts, crypto and payouts
- CointelegraphPolygon expands Open Money Stack to Solana, after Tron rollout
- Coin TelegraphPolygon expands Open Money Stack to Solana, after Tron rollout
- BitcoinPolygon Adds Solana to Open Money Stack in Major Expansion
- DecryptPolygon Extends Its Stablecoin Payments Infrastructure to Solana
- Crypto NewsPolygon Labs brings Open Money Stack to Solana for payments
- Crypto BriefingPolygon brings Open Money Stack to Solana to connect bank accounts and stablecoins
- CPOfficialtxHUGE: @solana is now live on @0xPolygon's Open Money Stack, enabling businesses to manage bank deposits, stablecoin balances and payouts through a single API. The integration aims to simplify fiat-to-crypto payments and cross-border transactions, making stablecoin payments more accessible for businesses building on $SOL.