COINDESK · 2026-10-29 16:39 UTC

From rivals to partners: Polygon and Solana team to bring stablecoin payments to banks

Polygon Labs is bringing its Open Money Stack payments infrastructure to Solana, enabling businesses to access bank funding, digital wallets, and cross-chain transfers through a single integration. The partnership allows companies to use Solana for stablecoin transfers while leveraging Polygon's regulated payment services for bank connections, without merging the two blockchains. Solana has recorded $5.7 trillion in stablecoin transfers this year; Polygon has recorded $3 trillion in total transfers since launch.

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