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Polygon Labs Unveils ‘Open Money Stack’ to Power Borderless Stablecoin Payments

Polygon Labs announced the Open Money Stack, a modular framework for stablecoin‑based, cross‑border payments. The stack, slated for launch later this year, works across multiple blockchains and bundles on‑chain settlement, fiat access, and compliance tools. By allowing firms to select only needed components, it aims to cut operational complexity and eliminate the need for multiple service providers. The initiative positions Polygon to compete in the growing institutional market for compliant crypto payment rails.