Solana goes live on Polygon Open Money Stack
Solana is now live on Polygon's Open Money Stack (OMS), with both Polygon's and Solana's official accounts confirming the integration. Businesses on Solana can take a customer from a bank payin to a stablecoin balance to a payout through one API, with money moving on Solana round-the-clock and still landing in a bank account, on a card, or as cash.
- Accept: deposits by bank transfer, card, cash, or crypto
- Hold: stablecoins in custodial or embedded Solana wallets
- Convert: dollars to stablecoins and back, routing across Solana, Polygon, TRON, and more EVM chains
- Payout: to bank accounts, cards, or cash
Polygon amplified The Block's coverage framing the launch as its payments business shifting beyond its own blockchain: OMS now runs on Solana and TRON on top of the U.S.-regulated payments rails originally built around Polygon's network.
Sources
- RT @TheBlockCo: Polygon eyes payment business shift beyond its own blockchain https://t.co/dXG7yeVtgCx.com ↗
- RT @solana: Solana is now live on @0xPolygon’s Open Money Stack. Bank rails, wallets and conversion, connected to Solana through one integ…x.com ↗
- Stablecoins love a 2am on a Sunday. Banks, famously, do not. Open Money Stack connects the two, so money can move on Solana whenever it wants and still land in a bank account, on a card, or as cash. See the full announcement here: https://t.co/2xfBpdZMCd Replying to their earlier post: What's live: • Accept: deposits by bank transfer, card, cash, or crypto • Hold: stablecoins in custodial or embedded Solana wallets • Convert: dollars to stablecoins and back, and route across Solana,…x.com ↗
- What's live: • Accept: deposits by bank transfer, card, cash, or crypto • Hold: stablecoins in custodial or embedded Solana wallets • Convert: dollars to stablecoins and back, and route across Solana, Polygon, TRON, and more EVM chains • Payout: to bank accounts, cards, cash, Replying to their earlier post: NEW: Solana is now live on Polygon Open Money Stack. Businesses on @solana can now take a customer from a bank payin to a stablecoin balance to a payout, all through one API. https://t.co/cgwvYUabpyx.com ↗
- NEW: Solana is now live on Polygon Open Money Stack. Businesses on @solana can now take a customer from a bank payin to a stablecoin balance to a payout, all through one API. https://t.co/cgwvYUabpyx.com ↗
