Polygon and Solana Connect Stablecoins to Banks
Polygon Labs is bringing Open Money Stack to Solana, so companies can connect stablecoin transfers to bank accounts and payouts. Kira is also using the new integration for cross-border payments.
Key Takeaways
- Polygon Labs is bringing its Open Money Stack to Solana, so companies can use bank funding, wallets, cross-chain transfers, and payouts through one integration.
- Companies can keep using Solana for stablecoin transfers while getting access to bank accounts and regulated payment services through Polygon.
- Kira is already using the integration for cross-border payments and overseas suppliers in dollars.
Polygon and Solana, rivals for years in the fight for developers and transactions, are now working together to make it easier for companies to move money between crypto and bank accounts. Polygon Labs is bringing its Open Money Stack to Solana, so companies can use bank funding, digital wallets, cross-chain transfers, and payouts through one integration.
From Rivals to Integration
The partnership does not mean the two blockchains are merging. Companies can keep using Solana for stablecoin transfers while getting access to bank accounts and other payment services through Polygon.
According to Polygon, that means the company is going beyond just being a chain. Aishwary Gupta, global head of business at Polygon Labs, said companies should not have to rebuild their payment infrastructure for every network. Jamal Raees of the Solana Foundation said the integration gives companies access to Polygon’s regulated payment services without leaving Solana.
The move fits into a broader trend where banks and payment companies are increasingly using stablecoins for transfers and settlement. In September 2026, 21 major international banks, including Bank of America, Citigroup, Goldman Sachs, and Wells Fargo, announced plans for a joint dollar stablecoin. Several banking groups also already have live stablecoin tokens, showing how quickly traditional players are entering this segment.
Why This Matters
For European crypto and payment companies, this deal shows how the line between blockchain networks and traditional financial rails is continuing to blur. The integration could be especially relevant for companies that want to use stablecoins without giving up their existing banking and payment processes. At the same time, it remains a partnership between two networks that previously competed for activity and users.
Polygon’s recent move toward regulated payments also fits that same strategy: the company does not just want to provide infrastructure, but also build a bridge to fiat and stablecoin flows for business customers.
How It’s Being Used in Practice
Kira is one of the first companies using the new integration. The cross-border payments company uses Solana for stablecoin transfers and Polygon’s bank connections to help customers pay overseas suppliers in dollars.
Polygon also said that Open Money Stack recently added TRON support and that it acquired Coinme, a U.S. crypto payments company. According to Gupta, Polygon wants companies to use its payment services no matter which blockchain their customers prefer.
