Polygon Adds Solana to Payment Stack for Bank Accounts and Payouts
Polygon Adds Solana to Payments Platform
Polygon Labs has added Solana to its Open Money Stack, a payments platform that connects bank accounts with crypto transfers and payouts. The integration lets businesses use a single connection to bring money in from bank accounts, move funds across blockchains, and pay recipients. Blockchains are digital ledgers that record crypto transactions. Polygon announced the update on October 29, 2026.
Key Details From The Report
- Polygon Labs added Solana to its Open Money Stack
- The update follows Solana's Alpenglow consensus upgrade, which cut transaction finality from about 12.8 seconds to 150 milliseconds
- Kira is among the first customers using the integration
- The stack connects Solana with Polygon, Ethereum, and TRON
What The Block Reports
According to a statement shared with The Block, businesses can use one integration to bring money in from bank accounts, move funds across blockchains, and pay recipients. Kira CEO Edrizio De La Cruz said his company uses Solana to move stablecoins, which are digital tokens pegged to the value of a traditional currency like the U.S. dollar, and working with Polygon helps turn those transfers into dollars in clients' bank accounts when they need to pay suppliers. Solana Foundation Chief Product Officer Vibhu Norby said the network processed more than $5.5 trillion in stablecoin volume in 2026.
Confirmed Facts
- The integration connects Solana enterprises directly to U.S. dollar bank accounts and global payout networks through a single connection
- Total stablecoin supply is approaching $290 billion, with Tether's USDT leading at over $182 billion and Circle's USDC at nearly $76 billion
- Polygon completed its acquisition of Coinme earlier this month, bringing money transmission licenses and exemptions covering 48 U.S. states
What Remains Unknown
The sources do not say when the Solana integration became available to all customers or how many businesses are currently using it.
Why This Matters for Stablecoin Payments
The integration comes as stablecoin usage grows. Connecting Solana to bank accounts helps businesses send stablecoin payments to more customers and markets.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.