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Polygon brings US banking access to Solana’s $15 billion stablecoin market

Polygon brings US banking access to Solana’s $15 billion stablecoin market

Photo: CryptoSlate

Polygon has extended its US banking and stablecoin payment infrastructure to Solana , including access for eligible overseas businesses. The Oct. 29 expansion of its Open Money Stack (OMS) allows qualifying foreign companies to access US banking rails in their own legal names without establishing a US entity. The service connects traditional banking with Solana's stablecoin infrastructure , enabling businesses to accept deposits through bank transfers, cards, cash or crypto, convert funds into stablecoins and process payouts through the same channels.

Source: CryptoSlate

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