Polygon Labs Unveils Open Money Stack to Revolutionize Borderless Stablecoin Payments

Polygon Labs has launched the Open Money Stack, a modular platform designed to simplify and accelerate global money movement by bringing value transfers onchain. The initiative aims to address the inefficiencies of current financial systems by offering a chain-neutral infrastructure for stablecoin-based payments. This announcement aligns with increasing demand for faster and more accessible cross-border solutions, especially as stablecoins grow in usage across blockchain ecosystems.

The Open Money Stack integrates key components like settlement, liquidity, compliance, and routing into a single system, allowing users to send and receive funds without relying on bridges or multiple gas fees. The platform is intended to reduce operational complexity for businesses and enable instant, low-cost, and borderless transactions. It builds on Polygon's existing role as a major network for stablecoin activity, with $3.3 billion in onchain stablecoin supply by late 2025.

Stablecoins are already reshaping global payments, with market caps surging across major blockchains like Solana and Ethereum. The Solana stablecoin market, for instance, saw a $900 million increase in 24 hours, driven by platforms like Jupiter and Ethena. These developments highlight the growing role of stablecoins in real-time value transfer and tokenized real-world assets (RWAs).

Why Did This Move Occur?

Traditional cross-border payment systems remain slow, costly, and fragmented. SWIFT and correspondent banking, while widely used, are often inefficient for real-time transfers. At the same time, the rise of stablecoins has demonstrated a viable alternative for global value movement. According to Moody's, stablecoin settlement volume rose by 87% in 2025, underscoring the shift toward decentralized systems.

Polygon's Open Money Stack is a direct response to these market dynamics. By creating a modular and interoperable platform, the company aims to eliminate the need for users to navigate multiple blockchain networks or intermediaries. The platform also supports both onchain and offchain transactions, making it adaptable to a variety of business needs.

The Open Money Stack operates as a chain-neutral infrastructure that allows users to send and receive money across any supported blockchain without technical barriers. It integrates blockchain rails with compliance and liquidity layers, enabling seamless cross-chain transfers. Users can accept assets from multiple networks and conduct transactions without worrying about gas fees or bridges.

One of the platform's key innovations is its support for programmable money. This allows value to be automatically routed, settled, or used for yield generation based on user preferences. Additionally, the platform is built to work with onchain identity systems, ensuring that transactions are both secure and verifiable.

What Are Analysts Watching Next?

Analysts are closely monitoring how the Open Money Stack will integrate with traditional financial systems. While the initiative promotes a fully onchain future, it still depends on off-ramps for fiat conversions. The ability to balance decentralized and centralized components will be critical to its long-term success.

Regulatory clarity is another area of focus. The U.S. GENIUS Act mandates that stablecoins be backed by high-quality liquid assets, effectively excluding algorithmic models. As the Open Money Stack includes stablecoins like USDC, it must comply with evolving regulatory standards.

Investors are also watching for partnerships and integrations with major payment platforms. Visa, for example, has already seen significant growth in crypto card usage, with a 525% increase in 2025. If the Open Money Stack gains traction among major merchants or financial institutions, it could drive substantial adoption.

Polygon has a track record of scaling blockchain infrastructure, with over $2 trillion in onchain value transfers since 2020. The Open Money Stack builds on this foundation and aims to expand the company's role in the global payments market.

The next major milestones will likely include new partnerships, expanded compliance tools, and further integration with existing financial systems. If successful, the platform could reshape how businesses and individuals handle international payments over the next decade.