# Polygon

## One line

Polygon provides a stablecoin-based payments infrastructure that enables businesses to move, program, and store money globally through a single API.

## Segments

Stablecoin, Payments, Infrastructure, L1 / L2, Wallet, RWA

## What we do

Polygon offers a product called the Open Money Stack, which lets businesses accept local currency deposits, convert them to stablecoins, and disburse funds in local currency to over 100 countries. It includes components for payins, payouts, virtual accounts, currency conversion, payment orchestration, and onchain settlement. The platform targets businesses that move money across borders and is intended to replace the multi-vendor arrangements typically required to assemble similar functionality.

## Find us

- Website: https://polygon.technology
- X: https://x.com/0xPolygon

## Recent updates

- seen: 2026-09-23 — Plans to add RTP and FedNow rail support in early Q3. · https://polygon.technology/virtual-accounts
- seen: 2026-09-23 — Virtual accounts currently accept ACH, Fedwire, and SWIFT payment rails. · https://polygon.technology/virtual-accounts
- seen: 2026-09-23 — Expands payouts into 125+ markets on day one. · https://polygon.technology/payouts
- seen: 2026-09-23 — Supports stablecoin payouts to bank, cash, card, or crypto via one API. · https://polygon.technology/payouts
- seen: 2026-09-23 — Now runs KYC and KYB compliance with AML screening on deposits across 48 states · https://polygon.technology/payins
- seen: 2026-09-23 — Now settles payins in about 5 seconds, ready to spend with no multi-day hold · https://polygon.technology/payins
- seen: 2026-09-23 — Now accepts cash payments at CVS, Walgreens, or Walmart, landing as a balance in seconds · https://polygon.technology/payins
- seen: 2026-09-23 — Now supports bank, cash, and card payins that convert to stablecoins via one API · https://polygon.technology/payins
- seen: 2026-09-23 — Polygon reports $2.4T transfer volume and $1.15B total value locked. · https://polygon.technology/about
- seen: 2026-09-23 — Polygon reports $0.002 average transaction cost and 110 transactions per second. · https://polygon.technology/about
- seen: 2026-09-23 — Polygon network processes 8B total transactions with 159M unique wallet addresses. · https://polygon.technology/about
- seen: 2026-09-23 — Uquid routes 1-click crypto checkout across 178M+ products using Polygon Trails · https://polygon.technology/customers
- seen: 2026-09-23 — Ubyx uses Polygon as a settlement chain to clear tokenized money for banks and fintechs · https://polygon.technology/customers
- seen: 2026-09-23 — HIFI settles over $227M in stablecoin payments on Polygon Chain · https://polygon.technology/customers
- 2026-09-23 — Largest protocols on Polygon: Polymarket International ($335M, Prediction Market), Aave V3 ($149M, Lending), Quickswap Dex ($142M, Dexs), Binance CEX ($68M, CEX), Bybit ($64M, CEX) · https://defillama.com/chain/Polygon
- 2026-09-23 — TVL was $1.0B 90 days ago · https://defillama.com/chain/Polygon
- 2026-09-23 — TVL was $813M 30 days ago · https://defillama.com/chain/Polygon
- 2026-09-23 — TVL $781M on Polygon, per DefiLlama · https://defillama.com/chain/Polygon
- 2026-09-21 — Now supports recurring stablecoin subscription payments with one customer approval in Open Money Stack · https://polygon.technology/blog/stablecoin-subscriptions
- 2026-09-21 — Revolut launched EURR, a Euro-backed stablecoin, on Polygon · https://polygon.technology/blog/stablecoin-subscriptions
- 2026-09-21 — Completed SOC 2 Type 1 examination for Open Money Stack · https://polygon.technology/blog/stablecoin-subscriptions
- 2026-09-21 — Stable.com added Polygon for direct-to-bank stablecoin transfers · https://polygon.technology/blog/stablecoin-subscriptions
- 2026-09-20 — TVL $799M · https://defillama.com/chain/Polygon
- 2026-09-17 — Polygon has processed $2.9 trillion in stablecoin transfer volume with ~$0.002 average transaction costs · https://polygon.technology/blog/stable-com-polygon-bank-transfers
- 2026-09-17 — Unlimit's payment network handles delivery across 180+ countries and 150+ currencies for Stable.com transfers · https://polygon.technology/blog/stable-com-polygon-bank-transfers
- 2026-09-17 — Stable.com integration lets USDT or PYUSD move from a Polygon wallet directly into a bank transfer · https://polygon.technology/blog/stable-com-polygon-bank-transfers
- 2026-09-17 — Stable.com, Unlimit's financial platform, now supports Polygon for direct-to-bank stablecoin transfers · https://polygon.technology/blog/stable-com-polygon-bank-transfers
- 2026-09-09 — OMS supports x402 payment protocol and ERC-8004 for onchain agent identity. · https://polygon.technology/blog/one-api-for-any-payment-polygon-oms
- 2026-09-09 — OMS routes payments across Ethereum, Polygon, Base, and Solana chains. · https://polygon.technology/blog/one-api-for-any-payment-polygon-oms
- 2026-09-09 — Launched Open Money Stack, one API combining compliance, wallets, ramps and settlement. · https://polygon.technology/blog/one-api-for-any-payment-polygon-oms
- 2026-09-02 — Completed SOC 2 Type 1 examination for Open Money Stack (OMS) API and dashboard · https://polygon.technology/blog/polygon-oms-soc-2-type-1
- 2026-08-26 — EURR rollout starts for eligible customers in Denmark, Poland, and Portugal. · https://polygon.technology/blog/revolut-launches-eurr-a-euro-backed-stablecoin-on-polygon
- 2026-08-24 — bloXroute already offers private transaction submission on Polygon through its own infrastructure. · https://polygon.technology/blog/moving-money-confidentially-with-private-mempool-on-polygon-what-that-means-for-every-use-case
- 2026-08-24 — Launched Private Mempool, a private transaction submission endpoint live on Polygon. · https://polygon.technology/blog/moving-money-confidentially-with-private-mempool-on-polygon-what-that-means-for-every-use-case
- 2026-08-11 — Consortium will test cross-border stablecoin settlement powered by Polygon's Open Money Stack · https://polygon.technology/blog/polygon-labs-joins-nobo-finance-and-dun-bradstreet-in-phase-2-of-the-bank-of-englands-digital-pound-lab
- 2026-08-11 — Polygon Labs joins NOBO Finance and Dun & Bradstreet in Phase 2 of Bank of England's Digital Pound Lab · https://polygon.technology/blog/polygon-labs-joins-nobo-finance-and-dun-bradstreet-in-phase-2-of-the-bank-of-englands-digital-pound-lab
- 2026-08-11 — Wallet technology has been in production since 2021, acquired by Polygon through Sequence · https://polygon.technology/blog/get-unlimited-embedded-wallets-free-with-crosschain-routing-included
- 2026-08-11 — Settlement on Polygon Chain takes about two seconds and costs roughly $0.002 · https://polygon.technology/blog/get-unlimited-embedded-wallets-free-with-crosschain-routing-included
- 2026-08-11 — Supports moving money across 20+ blockchains via Polygon Trails · https://polygon.technology/blog/get-unlimited-embedded-wallets-free-with-crosschain-routing-included
- 2026-08-04 — Custodial wallet services provided via Coinme, acquired by Polygon Labs. · https://polygon.technology/blog/custodial-vs-non-custodial-wallets

## Last updated

last_checked: 2026-09-23 (polygon.technology)

state: unclaimed

confirmed: no (drafted from the company's own public sources)

verified: no

Source: https://sindo.io/c/polygon