Exchanges· ★★★· bullish·

Polygon Labs CEO: payments business to turn profitable by 2027

  • —Polygon Labs has completed its acquisition of payments firm Coinme
  • —Open Money Stack is a US-regulated payments platform, currently in preview
  • —First customers include Tazapay, Mesh, Toku and Kira
  • —The regulated payments business is expected to reach profitability in 2027
Why it matters: Polygon is moving beyond L2 infrastructure into payments, taking on Visa and Stripe in the stablecoin settlement market.
#POL
Source: PANews
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