Exchanges· ★★★· bullish·

Polygon Labs targets Visa and Stripe payments market after Coinme acquisition

  • —The acquisition of US-regulated crypto payments provider Coinme closed on Wednesday
  • —Polygon Labs expects its payments business to become profitable in 2027
  • —Visa processed over $12.3 trillion in fiscal 2025, while Stripe handled more than $1.9 trillion
  • —The Open Money Stack integration remains in technical preview
Why it matters: Polygon is trying to evolve from blockchain infrastructure into a payments company that captures fees on conversions and transfers.
#POL
Source: Koin Bülteni
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