Polygon Labs Adds Solana to Open Money Stack Platform
Businesses can now move funds between bank accounts and the Solana network to improve stablecoin payout efficiency.
Updated on Oct. 29, 2026 in Financial Services
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Polygon Labs has integrated the Solana blockchain into its Open Money Stack platform, allowing businesses to bridge traditional bank accounts with stablecoin transfers. This expansion enables firms to process payouts directly to crypto wallets alongside conventional bank and card rails.
Why it matters
By adding Solana to its existing network connections, Polygon Labs is positioning its platform to handle high-volume stablecoin payments more efficiently. This infrastructure shift aims to simplify how businesses manage cross-border or digital-asset treasury operations by unifying disparate payment endpoints.
Solana processed over $5.5 trillion in stablecoin volume during 2026, significantly outpacing the total global stablecoin supply which now approaches $290 billion. These figures support the integration for businesses leveraging high-velocity settlement networks.
The players
Polygon Labs
A blockchain infrastructure company that builds scaling tools and platforms for enterprise crypto asset movement.
Solana
A high-performance blockchain network that recently upgraded its consensus mechanism to achieve sub-second transaction finality.
Coinme
A crypto-to-cash exchange and technology provider that holds money transmission licenses in 48 U.S. states.
Kira
A financial technology customer that has adopted the newly expanded Solana integration for its payment operations.
The details
The Open Money Stack functions as an intermediary layer that connects legacy bank accounts with blockchain protocols including Ethereum, TRON, and now Solana. Through this integration, businesses can route funds through a single interface that settles into crypto wallets, cards, or bank accounts. The platform also leverages Polygon's recent acquisition of Coinme, which provides money transmission licenses and exemptions across 48 U.S. states to facilitate regulatory compliance for these transfers.
Timeline
October 29, 2026: Polygon Labs announced the Solana integration.
One week ago: Solana activated the Alpenglow consensus upgrade to improve transaction finality.
Earlier this month: Polygon completed its acquisition of Coinme.
Market Landscape
Polygon Labs is building its platform infrastructure around the complex requirements of the U.S. state money transmission licensing system. This approach follows a broader industry trend of integrating regulated cash-on-ramp services to improve the reliability of blockchain-based payouts.
Businesses evaluating stablecoin payment rails should factor in the improved finality speeds provided by the Alpenglow upgrade when comparing network throughput. Procurement and finance teams should monitor whether this multi-network approach reduces overall conversion costs for cross-border settlements.
The takeaway
Operators looking to scale digital asset payouts should focus on platforms that offer single-stack integration across multiple blockchains. Track the transition from traditional transaction speeds to sub-second finality to determine when high-volume stablecoin use cases become cost-efficient for your firm.
Further reading
For more on the changing infrastructure of digital payments, see our latest coverage in Financial Services.
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Do you trust businesses using stablecoins to manage your payments or bank account transfers?
