Polygon Labs Eyes $100 Million to Launch Stablecoin Payments
The post Polygon Labs Eyes $100 Million to Launch Stablecoin Payments appeared first on Coinpedia Fintech News
Polygon Labs is in early talks to raise up to $100β―million to scale a regulated stablecoin payments business, shifting its focus from generic blockchain support to realβworld money movement that boosts onβchain transaction volume. The push builds on its recent acquisitions of licensed U.S. payment and wallet firms Coinme and Sequence, aiming to integrate fiat onβ and offβramps, wallets, and settlement infrastructure into a full payments stack. This strategy positions Polygon to compete with traditional players like Stripe and expand blockchain use for everyday payments.