Polygon Labs secures payments coverage across 48 US states after Coinme deal

Polygon Labs has completed its acquisition of Coinme and brought four payment companies onto its Open Money Stack platform, combining regulated U.S. money transmission services with stablecoin payments, digital wallets and local currency settlement. Polygon Labs has completed its acquisition of Coinme, bringing 37 state money transmitter licenses and 11 exemptions into its U.S. payments business. Tazapay, Mesh, Toku and Kira are adopting Polygon Open Money Stack for cross border payments, account funding, global payroll and dollar banking services.