$POL Here’s the latest, verified news on Polygon’s acquisition of regulated payment infrastructure — a major development in crypto-payments and blockchain adoption:
Ledger Insights
CoinDesk
Polygon acquires Coinme and Sequence for over $250 million
Polygon Labs to acquire Coinme and Sequence in $250 million push into stablecoin payments
Yesterday
Yesterday
🧠 What happened
Polygon Labs has signed definitive agreements to acquire two companies — Coinme and Sequence — for over $250 million. �
Ledger Insights +1
These acquisitions are a strategic push deeper into regulated, stablecoin-powered payment infrastructure, especially in the United States. �
Polygon Labs
📌 Who the acquired companies are
🔹 Coinme
A regulated U.S. payments and crypto-fiat on/off-ramp provider with money-transmitter licenses in 48 states. �
PR Newswire
Operates one of the largest physical crypto networks (40,000–50,000+ retail locations including kiosks). �
PR Newswire
🔹 Sequence
Provides wallet infrastructure and cross-chain transfer technology that simplifies blockchain payments. �
PR Newswire
Their “Trails” platform enables seamless transfers across chains without users managing bridges or gas. �
PR Newswire
📈 Why it matters
1. Regulated payments access
Polygon gains compliance licenses and U.S. payment rails, a significant step toward functioning like a regulated payment provider rather than just blockchain infrastructure. �
Crowdfund Insider
2. Building the “Open Money Stack”
The acquisitions are central to Polygon’s Open Money Stack — an integrated set of services for fiat ↔ stablecoin on/off-ramps, wallets, and cross-chain settlement. �
PR Newswire
This aims to unify fragmented stablecoin infrastructure into a more seamless payment stack for businesses and developers. �
Crowdfund Insider
3. Payments strategy & competition
Polygon is scaling from blockchain tech into regulated payment products, potentially competing with traditional players like Stripe by owning both rails and settlement layers. �
yellow.com
🗓️ Timeline & next steps
Sequence acquisition is expected to close soon (early 2026). �
Crowdfund Insider
Coinme’s transaction is expected to close by Q2 2026, pending regulatory approvals. �
Crowdfund Insider
🧩 Bigger picture
This move reflects a broader trend of blockchain firms integrating regulated financial infrastructure with on-chain settlement — aiming for global, instant, low-cost payments using stablecoins. �
crypto-economy.com
If you want, I can also break down how this could impact the Polygon (POL) token price, stablecoin adoption, or payments regulation — just let me know!
#Polygon #StablecoinPayment #CryptoAcquisition #Web3Payments #FinTe#BlockchainNews