Polygon Labs Unveils Tools to Power Global Stablecoin Transfers

TLDR

• Polygon Labs has launched the Open Money Stack to improve stablecoin payment infrastructure.
• The stack is designed to bridge the gap between onchain and offchain financial systems.
• It enables smooth fiat onboarding, cross-chain transfers, and full onchain financial services.
• Many features of the Open Money Stack are already live or available through partnerships.
• The launch follows Visa’s expansion of USDC settlement for participating banks in the U.S.

Polygon Labs has introduced the Open Money Stack, a new infrastructure aiming to support regulated stablecoin payments and cross-border transfers. The suite is designed to connect fragmented financial systems and streamline money movement across onchain and offchain layers. This launch comes as stablecoins increasingly serve as a global settlement medium for financial institutions and fintech platforms.

Open Money Stack targets stablecoin infrastructure gaps

Polygon Labs developed the Open Money Stack to bridge long-standing infrastructure gaps in stablecoin payments and digital finance ecosystems. The stack integrates orchestration tools, compliance systems, wallet interfaces, and cross-chain settlement capabilities into a single framework.

It allows developers and businesses to onboard users, move money across blockchains, and embed yield and card services. The initiative supports regulated stablecoins while aiming to maintain interoperability between fiat and blockchain-based systems.

The company confirmed that many stack components are either live or active through its partners. Polygon Labs stated that more capabilities will roll out in the coming months to extend stack functionality.

Visa, OCC moves signal broader stablecoin shift

The announcement follows Visa’s recent expansion of USDC settlement for participating U.S. banks. The move enables those banks to settle financial obligations using stablecoins directly onchain.

Regulatory progress in the United States has also accelerated in recent months, supporting crypto-based financial firms. The Office of the Comptroller of the Currency approved new national trust bank charters for crypto and stablecoin entities.

Polygon Labs emphasized that this regulatory progress supports its push to unify payment rails for institutional and retail applications. The stack seeks to keep transactions onchain while enabling fiat on- and off-ramps.

Polygon stablecoin supply hits three-year high

The total stablecoin supply on Polygon has surged to a three-year high of $3.3 billion, according to the company. This increase signals growing demand for scalable and programmable financial infrastructure on the network.

Polygon Labs said the Open Money Stack supports this growth by offering tools for yield earning, identity integration, and regulatory compliance. The company aims to make digital money movement seamless for global users and businesses.

Sandeep Nailwal and Marc Boiron called the transformation of money inevitable in their joint vision.

Polygon stated it has processed over $2 trillion in onchain value transfers across its blockchain since launch. The company said this experience gives it deep insight into running global blockchain infrastructure.

The stack combines indexers, RPCs, and stablecoin bridges into a unified system for seamless value transfer. It also supports identity layers and financial primitives built for compliant environments.

Polygon Labs confirmed upcoming initiatives will cover payments, compliance, and new primitives to improve onchain money experiences. The company plans to shift from strategic vision to product execution over the coming weeks.

They positioned the Open Money Stack as core infrastructure for future financial networks.

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