Polygon expands stablecoin payments infrastructure to Solana
By Marcel Langevoort · 3 November 2026Polygon Labs is expanding its stablecoin payments infrastructure to Solana. Businesses on the network gain access through a single integration to bank-account funding, embedded wallets, cross-chain transfers and global payouts. The expansion brings its Open Money Stack payments toolkit to Solana for the first time.
According to Polygon, the platform combines functions that typically require businesses to work with several providers, technical integrations and contracts. It covers the full payment journey: receiving funds, converting them, moving them between networks and paying recipients. Businesses can adopt the complete toolkit or incorporate individual components into their existing systems.
Open Money Stack supports funding through banks, cards, cash and crypto. It also provides embedded wallets, transfers and conversion across networks including Polygon, Ethereum and Tron, and payouts to bank accounts, cards or wallets. A remittance provider could, for example, receive dollars, deliver USDC on Solana and facilitate a payout to the recipient’s bank account.
Cross-border payments company Kira is among the first users of the Solana expansion. It uses the infrastructure to help clients convert stablecoin transfers into dollars in their bank accounts to pay overseas suppliers. According to the Solana Foundation, the network has processed more than $5 trillion in stablecoin volume this year.
Business impact
Why does this matter for businesses?
For banks, fintechs and internationally active businesses, a single technical integration and commercial relationship could simplify the adoption of stablecoin payments. The main relevance lies in connecting to existing payment methods and bank accounts, rather than simply moving tokens. The option to use individual components could allow businesses to extend existing systems incrementally. Kira illustrates a concrete application: connecting stablecoin transfers to dollars in bank accounts for supplier payments. The source provides no information on pricing, implementation time or compliance requirements, so potential cost savings and operational benefits cannot be established.
Sources
Original article: Decrypt ↗ · 29/10/2026
This summary was prepared with AI assistance and reviewed by the editor.
Tags: polygon, solana, stablecoins, betalingen, open money stack
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