Original sourceFintech GlobalAdditional: Polygon Technology
Summary
Stable.com announced it is connecting Polygon wallets directly to bank transfers, letting users move funds between on-chain wallets and traditional bank accounts. The practical significance of such integration is shortening the conversion path between fiat and stablecoins: users can move funds betw…
Key points
- For users and merchants moving funds frequently between fiat and on-chain assets, a direct bank transfer connection cuts intermediaries and time costs.
- Connecting self-custodial wallets directly to bank transfers is key infrastructure for stablecoins moving into everyday payments and remittances.
- Users and merchants can move funds between banks and Polygon wallets via a shorter path, reducing reliance on centralized exchange deposits.
Editorial note
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