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Polygon Labs Launches Open Money Stack to Facilitate Borderless Stablecoin Payments

Summary: Polygon Labs has announced the launch of 'Open Money Stack,' a new modular framework designed to support stablecoin-based payments and streamline cross-border value transfer. The technology stack is expected to be released later this year, with the flexibility to work with different blockchains and be customized to integrate components such as on-chain settlement, fiat access, ...

Polygon Labs has announced the launch of 'Open Money Stack,' a new modular framework designed to support stablecoin-based payments and streamline cross-border value transfer. The technology stack is expected to be released later this year, with the flexibility to work with different blockchains and be customized to integrate components such as on-chain settlement, fiat access, and compliance tools for financial institutions and fintech companies.

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