Polygon Labs is extending its Open Money Stack to Solana, giving businesses building on the network a single integration for bank funding, customer wallets and payouts. The move follows Polygon’s recent addition of Tron support and its completed acquisition of US payments company Coinme.
What the Solana integration adds
Open Money Stack is designed to connect traditional bank accounts with crypto wallets and payment networks. Through the Solana integration, eligible businesses can accept funds from bank accounts, offer customer accounts and embedded wallets, and arrange payouts through bank, card and cash channels.
Polygon CEO Marc Boiron told Cointelegraph that demand from customers and rising stablecoin activity led the company to expand first to Solana and earlier this month to Tron. Stablecoins are digital tokens designed to maintain a relatively stable value, commonly by tracking a fiat currency such as the US dollar.
Polygon’s Trails service has supported transfers between Solana and Ethereum-compatible networks since August. The latest expansion broadens that connection beyond network-to-network transfers by adding access to funding, account and payout functionality through the same integration.
Businesses have told Polygon that their customers and payment activity are distributed across multiple networks, Boiron said. The company’s stated goal is to reduce the need for businesses to select one blockchain or separately connect a bank provider, wallet service, routing platform and payout partner for each network.
Stablecoin activity and early customer
Token Terminal data cited in the report showed approximately $5.76 trillion in stablecoin transfers on Solana between January 1 and October 27. Tron recorded about $6.94 trillion over the same period.
Vibhu Norby, chief product officer at the Solana Foundation, said that linking Solana with bank accounts, wallets and global payout networks could help businesses offer stablecoin payments to more customers and markets as activity expands.
The wider Open Money Stack was already available for eligible uses on Polygon, Ethereum and other Ethereum Virtual Machine, or EVM, networks. Last year, ecosystem data provider The Grid cataloged 478 companies and 261 projects in the Solana ecosystem.
Kira, a provider of US dollar accounts and stablecoin-based cross-border payment services for businesses, is among the first customers using Polygon’s Solana integration, according to Boiron.
Coinme acquisition strengthens US payments reach
The Solana rollout comes after Polygon completed its acquisition of Coinme. The transaction gave Polygon’s US payments business access to 37 money transmitter licenses and 11 state exemptions, covering 48 states.
That regulatory footprint is relevant to a payments infrastructure business because money transmitter licenses and exemptions determine where certain money-transfer activities can be conducted under applicable state requirements. Polygon has therefore paired its multi-network software expansion with an existing US payments operation.
Current market picture
Moneyiar market data at 22:39 on October 25, 2026, shows Solana (SOL) at $101.5978856709, up 0.03% over 24 hours and down 1.52% over seven days. TRON (TRX) was $0.3299297572, up 0.31% in 24 hours and down 0.89% over seven days. Polygon (POL), formerly associated with MATIC, stood at $0.0898082186, up 0.39% over 24 hours and down 0.74% over seven days.
