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Polygon Labs Brings Open Money Stack to Solana for Payments
The expansion gives businesses one integration for bank, card, cash and crypto funding while routing stablecoin payouts across multiple blockchain networks.
- On Thursday, October 29, 2026, Polygon Labs announced the expansion of its Open Money Stack to Solana, allowing businesses to connect bank accounts, move crypto across chains, and manage global payouts within a single platform.
- Polygon Labs CEO Marc Boiron stated that customer demand for stablecoin activity prompted the expansion; Solana processed more than $5 trillion in stablecoin transaction volume during 2026.
- Fintech firm Kira is among the first customers adopting this infrastructure to facilitate international payments, while Polygon's Coinme acquisition provides access to 37 money transmitter licenses and 11 state exemptions, covering 48 states.
- With embedded wallets and virtual accounts, businesses can route payments between Solana, Polygon, Ethereum, and TRON; Solana Foundation President Lily Liu said the integration is "unblocked and unmuted."
- In September, the Solana Foundation appointed Jamal Raees as general manager of payments to work with enterprises interested in using the network for financial transactions and institutional payments.
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Polygon Labs brings Open Money Stack to Solana for payments
Polygon Labs has expanded its Open Money Stack payment infrastructure to Solana, allowing businesses to connect bank accounts, digital wallets, cross-chain transfers and global payouts through a single integration. According to an October 29 announcement shared with crypto.news, the integration…
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