Polygon Labs said it has expanded its Open Money Stack stablecoin payments tools to Solana for the first time. The company says businesses can use one connection to bring in funds, move and convert crypto across networks, and pay out to banks, cards or wallets. Businesses can use the full stack or add individual tools to their existing systems.
Cross-border payments firm Kira is among the first to adopt Solana through the stack, using it to help clients turn stablecoin transfers into dollars in bank accounts to pay overseas suppliers. The Solana Foundation says the network has processed more than $5 trillion in stablecoin volume this year.
