Polygon Bets $250M+ on Regulated Stablecoin Payments With Coinme, Sequence Acquisitions
Key Takeaways:Polygon’s $250M Pivot Toward Onchain PaymentsCoinme Brings U.S. Regulation, Licensing, and Nationwide Fiat AccessSequence and the Push for Frictionless Crypto UXAbstracting the Hard Parts of BlockchainInside the Polygon Open Money StackStablecoins as the Real Endgame
Polygon’s leadership has been explicit: payments are the “killer use case” for crypto. Stablecoins, pegged to fiat currencies, are increasingly used for B2B settlement, remittances, and treasury flows because they move faster and cheaper than traditional rails.
By internalizing licensing, wallets, and payment orchestration, Polygon is betting that enterprises want a unified provider rather than a patchwork of vendors. This mirrors how neobanks bundle custody, compliance, and payments, except Polygon’s rails are onchain.
Competition is intensifying. Traditional payment giants like Visa and Mastercard are exploring stablecoin settlement, while other blockchain networks are racing to capture the same market. Polygon’s near-term strategy emphasizes partnerships rather than direct confrontation, aiming to integrate with existing systems while stablecoin adoption scales.
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