| | Hello r/CryptoCurrency, Last Thursday, Polygon announced our vision for the Open Money Stack: an open and integrated stack of services and technologies designed to move money instantly and reliably anywhere. The announcement laid out how Polygon is approaching the next era of global money movement, where money moves like information: instant, global, programmable, and always available. Following the announcement, we want to come directly to the community to answer questions and go deeper. We’re hosting an AMA to answer any questions you may have. What we’ll be discussingThe Open Money Stack The Open Money Stack is Polygon’s approach to moving all money onchain. It brings together blockchain rails, wallets, interoperability, on- and off-ramps, compliance, identity, and onchain earning into one integrated system. The goal is to make money movement simple, reliable, and invisible to users, while remaining open and interoperable for builders. Recent acquisitions: Coinme and Sequence As part of the new vision and building the Open Money Stack, Polygon is acquiring Coinme and Sequence. These additions strengthen Polygon’s ability to support real-world money movement end to end, from onboarding users from traditional financial systems to providing scalable wallets and orchestration infrastructure onchain. Read the blog here - https://polygon.technology/blog/polygon-labs-to-acquire-coinme-and-sequence-to-offer-regulated-stablecoin-payments-in-the-u-s Why this moment matters Roughly two quadrillion dollars move through global payment systems every year. While the full migration of money onchain will take time, the systems that define how it works will be established over the next few years. The Open Money Stack is Polygon’s response to that moment. Interoperability and unified money flow Money should move across chains as easily as it moves within them. Through interoperability technologies like Agglayer, Polygon is working toward a future where chains are invisible to users and money flows as if everything were part of a single system. What this means for POL holders and stakers Polygon has already facilitated over two trillion dollars in onchain value transfer. As usage grows, validators and stakers secure that activity and earn fees, with long-term upside tied to real-world adoption of onchain money. AMA detailsAsk us anything: Looking forward to the conversation. [link] [comments] |
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