Original sourceAndrew Hayward
Summary
Polygon Labs has completed its acquisition of Coinme, extending regulated US payment services to 48 states and connecting Open Money Stack (OMS) to stablecoins, banking services and blockchain settlement. The deal makes Polygon an infrastructure provider for enterprises moving money between banks,…
Key points
- For enterprises wanting to connect stablecoin payments to US banking rails, this is one of the few integrated options combining on-chain settlement with 48-state compliance coverage.
- Polygon gains US regulated payment licenses and banking rails through the acquisition, plugging blockchain infrastructure directly into the traditional payments system.
- Enterprises can use a single platform for fiat on-ramps, on-chain settlement and local currency disbursement, cutting the cost of building their own compliance and bank connections, though they must accept stricter AML/KYC scrutiny.
Editorial note
This page is Code & Chain's editorial summary of public sources. It may be prepared with AI assistance and published through an automated workflow. Refer to the original sources; this content is not investment, legal, or tax advice.