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Polygon Extends Open Money Stack to Solana for Stablecoin Payment Flows

Picture: NewsBTC

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 most concrete starting point is the dated disclosure from Polygon Labs.

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