Polygon (POL) Price Rises on Open Money Stack Framework and Acquisition Rumors

Polygon's POL token has risen 13% in 24 hours following the announcement of the Open Money Stack, a stablecoin payment framework.

• Network activity has increased significantly, with active addresses up over 25% and transaction volumes rising close to 20%.

• Polygon is reportedly in advanced talks to acquire Coinme, a major Bitcoin ATM operator, for $100 million to $125 million.

Polygon's POL token has experienced a recent price surge, attributed to the announcement of the Open Money Stack. This framework aims to revolutionize cross-chain stablecoin transactions by providing instant and reliable money transfers, reducing reliance on traditional financial intermediaries. The initiative is expected to launch later in 2026 and includes components such as wallet infrastructure, fiat on-ramps, and compliance tools.

The increased adoption of the Open Money Stack has driven up transaction volumes and network fees, leading to higher token burns and tighter short-term supply. This, in turn, has contributed to a 31% weekly gain for POL and renewed interest from traders and investors. The rise in token burns and active addresses further signals stronger network usage and potential for future growth.

In addition to the Open Money Stack, Polygon is reportedly close to acquiring Coinme, a Bitcoin ATM provider. This potential acquisition would mark a significant step for Polygon into physical financial infrastructure, enhancing mainstream crypto adoption. Coinme operates one of the largest licensed Bitcoin ATM networks in the United States and has a strong regulatory compliance framework, which aligns with Polygon's strategic goals. The $100–125 million valuation reflects the value of integrating physical and digital financial infrastructure.

What is the Open Money Stack and How Does It Work?

The Open Money Stack is a modular framework developed by Polygon Labs to enable seamless and scalable cross-border stablecoin transactions. It is designed to work across different blockchains and includes components such as wallet infrastructure, fiat on-ramps and off-ramps, stablecoin interoperability, compliance tools, and onchain identity verification. By providing a regulated environment for stablecoin-based transactions, the Open Money Stack aims to reduce complexity and time to market for financial institutions.

The framework is intended to replace traditional financial intermediaries with blockchain-based solutions, offering fast, low-cost cross-border payments. This aligns with the broader trend of integrating blockchain technology with traditional financial systems and supports the growing demand for scalable, interoperable systems to handle on-chain money movement according to industry analysis. The Open Money Stack is expected to act as the 'missing plumbing' for global money movement, enabling businesses to integrate customer onboarding, cross-chain transfers, and on-chain financial experiences into a single platform as reported by CoinDesk.

What Are the Implications of Polygon's Acquisition of Coinme?

The acquisition of Coinme by Polygon would represent a strategic expansion into physical financial infrastructure, combining digital blockchain technology with real-world accessibility. Coinme, founded in 2014, operates one of the largest licensed Bitcoin ATM networks in the United States and has a strong user base accustomed to cash-based transactions. This integration could unlock novel use cases, such as purchasing Polygon's native MATIC token directly from a physical kiosk, simplifying the user experience for mainstream adoption.

Polygon's acquisition of Coinme would also reflect the immense value of physical crypto infrastructure, including regulatory compliance and existing market reach. The $100–125 million valuation underscores the potential for synergies between digital and physical financial services. If completed, this acquisition could significantly accelerate mainstream cryptocurrency adoption by making blockchain assets as accessible as cash from a local kiosk. This move aligns with Polygon's broader strategy of scaling Ethereum and expanding into new financial ecosystems.

Polygon's recent developments, including the Open Money Stack and acquisition rumors, highlight the platform's focus on bridging traditional and decentralized financial systems. These initiatives are expected to drive increased network activity, token value, and broader adoption of blockchain-based transactions in 2026.