Polygon Takes Its Payments Toolkit to Solana, Targets Stablecoin Rails
TLDR Polygon Labs decided to bring its Open Money Stack to Solana. Businesses get bank funding, wallets, cross-chain transfers and global payouts through one integration. Kira, a fintech focused on cross-border dollar payments, is among the first adopters. Solana says it has handled over $5T in stablecoin volume this year, while Polygon Chain has passed […]
Key Takeaways
- TLDR Polygon Labs decided to bring its Open Money Stack to Solana.
- Businesses get bank funding, wallets, cross-chain transfers and global payouts through one integration.
- Kira, a fintech focused on cross-border dollar payments, is among the first adopters.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
KuCoin suspends services in Russia and Belarus
The exchange cited legal and regulatory compliance in its reason for cutting off services to users based in the two countries, currently the targets of international sanctions.
US Sanctions Russian Crypto Brokers Over North Korean IT Fraud
TLDR The US Treasury has sanctioned 10 individuals and one entity linked to North Korean IT worker fraud. Two Russian nationals, Ilya Boykov and Vitold Obertas, allegedly converted millions in crypto for North Korea. The Treasury also designated a North…
Securitize Plans Stellar Integration as Tokenized Asset Platforms Expand
Tokenization platform Securitize announced plans on October 28 to integrate the Stellar network into the infrastructure it offers institutional asset.