Open Money Stack
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Polygon Labs to acquire Coinme and Sequence in stablecoin payments push
Yahoo Finance· 2026-01-14 10:48
Core Insights - Polygon Labs is acquiring Coinme and Sequence to enhance its stablecoin payment capabilities, supporting its Open Money Stack framework set to launch in 2026 [1][6] Group 1: Acquisition Details - Coinme operates a regulated digital currency payments business, allowing users to convert cash into cryptocurrency, and holds money-transmitter licenses in 48 US states [2] - Coinme manages over 50,000 locations for cash-to-crypto exchanges and serves over one million users through its consumer payments app [2] - Sequence provides technology to simplify crypto transfers across multiple blockchains, complementing Polygon's interoperability efforts [3][4] Group 2: Technology and Infrastructure - Sequence's offerings include enterprise-grade smart wallets and a 1-click cross-chain routing engine called Trails, which simplifies the user experience by hiding blockchain complexities [4] - Sequence's infrastructure is already utilized across various blockchain ecosystems, including Polygon, Immutable, and newer networks like SKALE and Etherlink [5] - Once integrated, Sequence and Trails will function as an orchestration layer, facilitating seamless money transfers across different chains without user intervention [6]
Polygon Foundation CEO Touts 'Benefits' of Holding POL as Active Addresses Slide
Yahoo Finance· 2026-01-12 17:22
The CEO of the Polygon Foundation released a primer Friday explicitly outlining the value accrual mechanisms for the network’s native token, POL, framing it as a direct beneficiary of the ecosystem's growth. Sandeep Nailwal said that his tweet was intended to “explicitly restate what has always been true: If Polygon Chain and Agglayer succeed, then POL holders benefit. Full stop.” Following Nailwal’s tweet, POL hit a weekend high of $0.1842, before erasing the lion's share of its gains with a drop of 6. ...
Polygon Climbs Nearly 20% After Unveiling New Strategic Framework
Yahoo Finance· 2026-01-09 17:53
Polygon‘s POL token is in the midst of a price surge propelled by a shift in company strategy, a rumored acquisition, and a record high daily burn rate to start 2026. As of Jan. 9 and the time of this article’s publication, POL is trading at $0.1558. This puts it up 16.59% over the last 24 hours, with an intraday price high of $0.1584. Trading volume for this period reached nearly $312 million, up 167% overnight. This movement marks the single largest price increase among cryptocurrencies over the past 2 ...
Polygon Labs Launches Open Money Stack to Bridge Fiat and Onchain Settlement
Yahoo Finance· 2026-01-08 16:33
Polygon Labs has unveiled the Open Money Stack, a new set of rails designed to support regulated stablecoin payments and close the infrastructure gap between wallets, fiat access, routing and orchestration, compliance, and on-chain settlement. The launch comes as stablecoins increasingly function as a global settlement layer, even as the surrounding infrastructure remains fragmented and difficult to scale without recreating closed financial networks. Polygon Labs says the Open Money Stack is intended to ...