Polygon to Launch U.S.-Compliant Payments Platform Using the Open Money Stack

Polygon to Launch U.S.-Compliant Payments Platform Using the Open Money Stack

Polygon to acquire Coinme and Sequence to build a U.S.-compliant stablecoin payments stack.
Polygon says Coinme operates in 48 states and supports 50,000+ fiat-to-crypto retail locations

Polygon Labs has signed definitive agreements to acquire Coinme and Sequence as it builds a U.S.-compliant payments platform based on stablecoins and blockchain rails. The company dubs it the Polygon Open Money Stack, a vertically integrated set of services aimed at regulated money movement and easier access to crypto-based payments.
In a post on X, Polygon said the two acquisitions are intended to move “all money on-chain,” pairing regulated fiat access with wallet infrastructure and one-click, cross-chain transactions. Polygon stated that Coinme operates in 48 U.S. states and supports over 50,000 fiat-to-crypto retail locations, while Sequence will provide wallet and transaction orchestration tools.

BREAKING: Polygon to become U.S. regulated payments platform
We’re acquiring Coinme and Seq

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