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Polygon Labs unveils ‘Open Money Stack’ to power borderless stablecoin payments
The system will bring together various elements of the payment stack, including liquidity, orchestration, and regulatory controls.
Updated Jan 8, 2026, 5:09 p.m. Published Jan 8, 2026, 4:00 p.m.
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What to know:
- Polygon Labs has unveiled the Open Money Stack, a new modular framework intended to support stablecoin-based payments and streamline cross-border value transfers.
- The stack, which is expected to launch later this year, is designed to work with different blockchains and be customizable, allowing financial institutions and fintech firms to integrate components such as onchain settlement, fiat access and compliance tools.
Polygon Labs unveiled the Open Money Stack, a new modular framework intended to support stablecoin-based payments and streamline cross-border value transfers.
The stack, which is expected to launch later this year, is designed to work with different blockchains and be customizable, allowing financial institutions and fintech firms to integrate components such as onchain settlement, fiat access and compliance tools, Polygon Labs said Thursday. According to Polygon, the infrastructure is meant to reduce the need for multiple service providers and simplify operations for developers and businesses.
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The system will bring together various elements of the payment stack, including liquidity, orchestration, and regulatory controls. Polygon said this could help firms reduce operational complexity, while enabling users to send and receive payments across borders without facing technical hurdles like token swaps or bridging.
Rather than building a closed network, the Open Money Stack is designed to be interoperable, meaning businesses can use only the parts they need and still connect with other networks. Polygon is framing this as a step toward making blockchain-based payments feel as seamless as traditional ones.
The move reflects a broader trend in crypto infrastructure, as developers and institutions alike seek payment rails that are both compliant and efficient. Polygon appears to be positioning itself to compete in that landscape, amid growing institutional and regulatory interest in tokenized money.
The announcement comes as stablecoins continue to gain traction in cross-border payments, and as traditional financial institutions further push new crypto offerings to their clients.
“Our mission is simple. Move all money onchain and make it seamless, open, and interoperable for everyone,” said Sandeep Nailwal, founder of Polygon and CEO of the Polygon Foundation, and Marc Boiron, CEO of Polygon Labs, in a press release shared with CoinDesk.
Read more: Mastercard Picks Polygon to Bring Verified Usernames to Self-Custody Wallets
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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