According to ChainCatcher, Polygon Labs has integrated Solana into its Open Money Stack payment platform, enabling enterprise customers to connect U.S. bank accounts and stablecoin payments through a single API framework. The platform supports enterprises to receive funds from bank accounts, transfer assets across chains, and route payments to supported bank accounts, debit cards, cash services, and crypto wallets.

Kira, a stablecoin payment provider, became among the first customers using the Solana integration. The company helps clients convert between U.S. dollars and stablecoins and make cross-border supplier payments. Kira CEO Edrizio De La Cruz stated the integration allows the company to convert stablecoin transfers on Solana into U.S. dollar deposits in customer bank accounts. Open Money Stack now connects Polygon, Ethereum, TRON, and Solana.

View Source

Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.