Polygon Labs mentioned Thursday, Oct. 29, that its dwell Open Money Stack now helps Solana, including financial institution, card, money and crypto deposits alongside pockets and payout choices for companies.
The mixing lets companies settle for deposits by financial institution switch, card, money or cryptocurrency; convert fiat to crypto on Solana and again; and create custodial or embedded Solana wallets. It could actually route USD Coin (USDC), Tether (USDT), PayPal USD (PYUSD), Solana (SOL) and wrapped SOL throughout Solana, TRON and Ethereum Digital Machine (EVM) networks. Payouts can go to financial institution accounts, playing cards, money or wallets, spanning the stream from deposit and conversion to supply.
Polygon’s Trails product had already linked Solana with greater than 20 EVM chains, permitting transfers of SOL and stablecoins throughout them. The Oct. 29 integration provides deposit and payout capabilities round that present routing. An earlier expansion added TRON support for USDT payment flows.
Open Money Stack joins fiat deposits and payouts with pockets providers, stablecoin motion and onchain settlement by means of a single utility programming interface (API). Its June 2026 technical preview targeted on USDC and USDT exercise on Polygon, together with connections to U.S. financial institution and money fee strategies. Businesses may preserve utilizing their present pockets, compliance and ledger suppliers as a substitute of shifting each operate into the platform. Polygon has framed the product for fintech corporations, remittance suppliers, exchanges and gig-economy platforms.
The Solana rollout follows Polygon’s completion of its Coinme acquisition on Oct. 14, a part of its U.S. payments expansion. Its U.S. funds operation can serve 48 states by means of 37 state cash transmitter licenses and 11 relevant exemptions. It’s registered with the Monetary Crimes Enforcement Community (FinCEN) as a cash providers enterprise.
Solana had processed greater than $5 trillion in stablecoin quantity throughout 2026 as of Sept. 30. Polygon has not supplied a Solana-specific buyer whole or transaction quantity, and gave no pricing or payout-provider particulars.
