Polygon Expands Into U.S. Payments With Coinme, Sequence

• Polygon acquires Coinme and Sequence, boosting regulated payments and onboarding.
• Coinme provides Polygon instant U.S. fiat access and enterprise-grade APIs.
• Sequence simplifies wallets and crosschain payments, enhancing user adoption.

Polygon has taken a decisive step toward becoming a regulated payments player in the United States, signaling a shift in how blockchain integrates with everyday finance. According to Sandeep, CEO of the Polygon Foundation, less than a week after outlining the network’s broader vision for global money movement, Polygon announced plans to acquire Coinme and Sequence, two firms that address critical gaps in compliant payments and user onboarding.

Consequently, Polygon now positions itself as a vertically integrated platform capable of handling regulated fiat access, blockchain settlement, and crosschain execution under one umbrella.

Building a Regulated Payments Foundation

Polygon’s blockchain infrastructure has supported high-volume transactions for years. However, large-scale payments require more than fast rails. They demand regulatory coverage, compliant onboarding, and reliable fiat connections. Coinme addresses these needs directly. 

The company operates under money transmitter licenses across 48 U.S. states and maintains access to more than 50,000 physical retail locations nationwide. Hence, Polygon gains immediate entry into regulated money movement without building this framework from scratch.

Additionally, Coinme brings enterprise-grade APIs that allow traditional companies and crypto-native firms to offer custody, trading, and fiat on-ramps. This capability expands Polygon’s reach beyond decentralized applications. It also strengthens its appeal to banks, fintech firms, and payment providers seeking compliant blockchain integrations. Significantly, Coinme’s existing enterprise relationships and user base add distribution alongside regulation.

Simplifying Onchain Payments for Users

While regulation enables scale, usability drives adoption. That challenge falls to Sequence. The wallet infrastructure company focuses on removing blockchain complexity for end users. 

Through embedded wallets and secure account management, Sequence allows applications to offer crypto payments without requiring deep technical knowledge from customers. Consequently, onboarding becomes faster and less intimidating.

Moreover, Sequence’s crosschain orchestration tools streamline transactions across multiple networks. Users can move assets, swap tokens, and handle gas fees with a single action. 

This abstraction reduces friction and encourages broader participation. Hence, Polygon strengthens its ability to support seamless payments across ecosystems rather than confining activity to one chain.

Vertically Integrated Strategy

Together, these acquisitions reshape Polygon’s long-term strategy. The network now controls core layers of the payment stack, from regulated fiat access to blockchain execution and user-facing wallets. Additionally, this structure supports instant money movement while maintaining compliance in the U.S. market.

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