Polygon Labs Unveils Open Money Stack to Bridge Fiat and Onchain Settlement
Polygon Labs has introduced the Open Money Stack, a comprehensive framework designed to streamline the integration of regulated stablecoin payments with onchain settlement. The solution aims to address fragmentation in global money movement by combining wallets, fiat access, compliance, and settlement into a single, interoperable system.
The initiative arrives as stablecoins increasingly serve as a de facto settlement layer, yet infrastructure hurdles persist. Polygon positions its stack as the "missing plumbing" to enable seamless offchain-to-onchain transfers without sacrificing regulatory compliance or interoperability.
Market timing appears strategic. Visa's recent expansion of USDC settlement for U.S. banks coincides with growing regulatory clarity from the Office of the Comptroller of the Currency. These developments suggest accelerating institutional adoption of blockchain-based settlement solutions.
