Exchanges· ★★★· bullish·

Polygon buys Coinme to enter payments sector dominated by Visa, Stripe

  • —Polygon acquired Coinme to enter the payments sector
  • —CEO Marc Boiron said the deal gives Polygon control over customer relationships
  • —Polygon aims to capture revenue previously taken by payment intermediaries
Why it matters: Polygon is taking on Visa and Stripe in payments, which could broaden demand for its network and POL token.
#POL
Source: CoinDesk
More on this
Exchanges · 21:16
Polygon Labs targets Visa and Stripe payments market after Coinme acquisition
 Regulation · Oct 15
Oct 14–15 digest: US CPI hits 3.7%, USDC named first significant EMT, Polygon closes Coinme deal
 Exchanges · Oct 14
Polygon Labs completes Coinme acquisition, launches regulated Open Money Stack in US