{
  "slug": "2026-10-29-polygon-labs-brings-open-money-stack-payments-to-solana",
  "title": "Polygon Labs and Solana announce Open Money Stack payments integration on Solana",
  "date": "2026-11-01T01:00:49.000Z",
  "updated": "2026-11-01T01:00:50.083Z",
  "tags": [
    "software",
    "automation"
  ],
  "source": "https://www.coindesk.com/business/2026/10/29/from-rivals-to-partners-polygon-and-solana-team-to-bring-stablecoin-payments-to-banks",
  "summary": "Polygon Labs will bring its Open Money Stack enterprise payments infrastructure to Solana, letting businesses use Polygon’s banking connections while keeping stablecoin transfers on Solana.",
  "kind": "article",
  "body": "# Polygon Labs and Solana announce Open Money Stack payments integration on Solana\n\n*Polygon Labs will bring its Open Money Stack enterprise payments infrastructure to Solana, letting businesses use Polygon’s banking connections while keeping stablecoin transfers on Solana.*\n\nPolygon Labs and Solana said on October 29, 2026, that Polygon Labs is bringing its Open Money Stack payments infrastructure to Solana, according to a [CoinDesk report](https://www.coindesk.com/business/2026/10/29/from-rivals-to-partners-polygon-and-solana-team-to-bring-stablecoin-payments-to-banks). The companies said the arrangement does not merge the two blockchains. Businesses will keep sending stablecoins on Solana and will use Polygon’s banking connections and payment services for the rest.\n\nAccording to Polygon’s documentation, through Open Money Stack businesses building on Solana can accept bank transfers, card payments and cash through supported providers, create customer wallets, move assets between blockchains, and send money to bank accounts, all through a single integration.\n\nKira, a cross-border payments company, is among the first users. It uses Solana for stablecoin transfers and Polygon’s banking connections so customers can pay overseas suppliers in dollars.\n\nJamal Raees, general manager of payments at the Solana Foundation, said Solana has recorded more than $5.7 trillion in stablecoin transfers so far this year. Polygon has recorded more than $3 trillion in total transfers since launch, a figure that includes wallet-to-wallet transfers, not only payments.\n\n\"Businesses shouldn't have to rebuild their payments infrastructure for every network,\" said Aishwary Gupta, global head of business at Polygon Labs.\n\nRaees said: \"Our focus is to make it easier for payment and stablecoin activity to continue to scale on the network.\"\n\nThe two networks were long rivals. Polygon recently added TRON support to Open Money Stack and acquired US crypto payments company Coinme.",
  "sources": [
    "https://www.coindesk.com/business/2026/10/29/from-rivals-to-partners-polygon-and-solana-team-to-bring-stablecoin-payments-to-banks"
  ],
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