Polygon Labs, the staff behind the Polygon community, simply made a daring transfer to hurry up its stablecoin funds technique. On January 13, 2026, they stated they’re shopping for two U.S. crypto firms, Coinme and Sequence, for over $250 million.
This isn’t nearly getting larger; it’s about shifting focus. Polygon Labs needs to go from being only a scaling answer to constructing a full funds platform that may deal with stablecoin settlements on a a lot bigger scale.
These acquisitions are on the coronary heart of what they’re calling the “Polygon Open Cash Stack, a imaginative and prescient for a totally built-in fee ecosystem.
Let’s discuss Coinme. Launched in 2014 and primarily based in Seattle, Coinme runs a regulated digital foreign money fee enterprise with severe compliance chops.
They’ve money-transmitter licences in 48 states and function over 50,000 locations the place folks can swap money for crypto, suppose kiosks and ATMs all throughout the nation.
For Polygon Labs, Coinme’s setup is a large asset. They get straight into U.S. fee programs and may really join money to crypto, precisely what stablecoins have to work with common banks.
And with Coinme’s APIs and SDKs, fintechs, retailers, and fee firms can simply add fiat-to-crypto options with out the headache of constructing all these compliance instruments from scratch.
Sequence: Simplifying Wallets and Cross-Chain Payments
Sequence, launched in 2017, powers Polygon’s push for higher pockets infrastructure and clean cross-chain actions.
The staff constructed sensible wallets and an intent engine, so builders can roll out simple, cross-blockchain funds with out forcing customers to mess with bridging, swaps, or gasoline charges.
You’ll discover Sequence’s tech operating on huge platforms like Polygon, Arbitrum, Immutable, and extra.
Builders constructing dApps and fee instruments lean on Sequence to make issues work behind the scenes.
Backers like Brevan Howard Digital, Coinbase, and Polychain have thrown their weight behind the corporate, which says so much about how a lot pull Sequence has within the crypto infrastructure world.
Extra Information: Mastercard, Mercuryo and Polygon Expand Crypto Credential
The Open Cash Stack: Bridging Conventional and On-Chain Payments
Polygon Labs needs to drag all of the scattered items of fee infrastructure into one clean system. They name it the Open Cash Stack.
Right here’s the way it works: Coinme handles the regulated fiat aspect, Sequence takes care of wallets and transferring cash throughout totally different chains, and Polygon’s personal blockchain makes positive every part runs quick and low-cost, wherever on this planet.
Polygon Labs says this setup is constructed for a giant mixture of shoppers, banks, fintech firms, huge companies, and service provider platforms.
Anybody who needs to make use of stablecoins for real-time funds, sending cash throughout borders, or establishing programmable cash flows.
The thought is straightforward: lower out the effort, decrease compliance complications, and velocity up worth transfers, whether or not you’re coping with conventional finance or Web3.
Deal Timeline and Regulatory Approvals
Polygon Labs says it plans to wrap up the Sequence acquisition someday in January 2026. The Coinme deal ought to end by the second quarter of that yr, so long as regulators log out and every part else falls into place.
After closing, Coinme joins Polygon Labs as a totally owned subsidiary. It’ll hold its regulated setup, however now, it performs a much bigger position in Polygon’s funds ecosystem.
These strikes come as stablecoin provide on Polygon retains climbing, and total blockchain exercise is hitting ranges not seen in years.
