Polygon expands Open Money Stack to Solana network, enabling bank and wallet integration

Polygon Labs has expanded its Open Money Stack to the Solana network, allowing businesses on Solana to accept bank account funding, provide customer wallets, and arrange payouts. According to Token Terminal data, Solana recorded $5.76 trillion in stablecoin transfers between January 1 and October 27, while Tron recorded $6.94 trillion over the same period. Polygon Labs CEO Marc Boiron stated the expansion was driven by customer demand and stablecoin activity. The integration adds access to bank, card and cash funding, embedded wallets and payouts through a single integration.