Polygon Labs Adds Solana to Open Money Stack

The integration connects bank accounts with stablecoin transfers across multiple blockchain networks.

Updated on Oct. 29, 2026 in Financial Services

Isometric editorial illustration showing abstract geometric network conduits linking a solid plinth to vertical glass pillars, representing blockchain and banking integration.
Polygon Labs has integrated the Solana blockchain into its Open Money Stack, enabling businesses to move funds directly between traditional bank accounts and stablecoin wallets. AI Illustration. Upload story photo >

Live Poll

Do you trust businesses using stablecoins to manage your payments or bank account transfers?

Polygon Labs has expanded its Open Money Stack to include support for the Solana blockchain. This update allows businesses to streamline fund movements between traditional bank accounts and blockchain-based stablecoin wallets.

Why it matters

By connecting Solana to banking and payout networks, the platform enables businesses to deliver stablecoin payments to a broader range of global customers. The move bridges the gap between traditional financial infrastructure and digital asset liquidity.

Solana processed over $5.5 trillion in stablecoin volume in 2026, while the total supply of stablecoins currently approaches $290 billion. The Open Money Stack now supports transfers across Polygon, Ethereum, TRON, and Solana.

The players

Polygon Labs

Polygon Labs is a software development firm that builds infrastructure for Ethereum scaling and cross-chain interoperability.

Solana

Solana is a high-performance blockchain platform that utilizes a unique consensus mechanism to achieve high throughput and low latency.

Coinme

Coinme is a licensed crypto-financial services company that enables individuals to purchase and trade digital currencies at retail locations.

Kira

Kira is a financial technology customer currently leveraging the integrated Solana functionality.

The details

Businesses can now use a single integration to move funds between bank accounts and various blockchains, routing payments to cards, cash services, and crypto wallets. The platform previously utilized Coinme to gain money transmission licenses and exemptions across 48 U.S. states.

Timeline

  1. October 29, 2026: Polygon Labs announced the integration of Solana.

  2. One week ago: Solana activated the Alpenglow consensus upgrade.

  3. Earlier this month: Polygon completed its acquisition of Coinme.

Market Landscape

The integration of Solana into the Open Money Stack represents a strategic effort to consolidate blockchain payout services within a single financial infrastructure. This move positions the platform to compete more effectively by providing businesses with a unified bridge between banking systems and diverse crypto networks.

Businesses utilizing this platform gain the ability to offer faster stablecoin payouts to their clients by leveraging the increased transaction finality of the Solana network. Customers may experience greater flexibility when moving funds between traditional bank accounts and various digital asset wallets.

The takeaway

The rapid convergence of traditional banking and high-speed blockchain networks is lowering the operational barriers for businesses handling digital assets. Organizations looking to adopt stablecoin payments should prioritize platforms that provide broad multi-chain support and established regulatory compliance.

Further reading

For more on the evolving infrastructure of digital payments, see the Financial Services section.

Live Poll

Do you trust businesses using stablecoins to manage your payments or bank account transfers?