Polygon Labs unveils 'Open Money Stack' to power borderless stablecoin payments

2026-01-08 18:48:55

Source: CryptoNewsNet Original Title: Polygon Labs unveils ‘Open Money Stack’ to power borderless stablecoin payments Original Link: Polygon Labs unveiled the Open Money Stack, a new modular framework intended to support stablecoin-based payments and streamline cross-border value transfers.

The stack, which is expected to launch later this year, is designed to work with different blockchains and be customizable, allowing financial institutions and fintech firms to integrate components such as onchain settlement, fiat access and compliance tools. According to Polygon, the infrastructure is meant to reduce the need for multiple service providers and simplify operations for developers and businesses.

The system will bring together various elements of the payment stack, including liquidity, orchestration, and regulatory controls. Polygon said this could help firms reduce operational complexity, while enabling users to send and receive payments across borders without facing technical hurdles like token swaps or bridging.

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