Polygon Labs is making a major play in the stablecoin payment space. The network just secured deals to acquire both Coinme and Sequence, with the total investment hitting over $250M. Here's what this means: Coinme brings the retail infrastructure—we're talking money transmitter licenses across 48 US states and 50,000+ retail locations ready to onboard users. Sequence adds the tech layer with its smart wallet solutions. Combined, they're assembling what Polygon calls the 'Open Money Stack'—basically a full-stack system designed to make stablecoin payments as accessible as traditional finance, but on-chain. The move signals how seriously Polygon (MATIC) is competing in the infrastructure arms race. Instead of building solo, they're consolidating complementary assets: regulatory compliance, retail distribution, and wallet technology. It's the kind of vertical integration play we're seeing more of in Web3 as projects race to bridge crypto and mainstream payment rails.
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BlockchainBouncer
· 11h ago
Wow, Polygon's move is pretty aggressive, directly investing over 250 million to acquire the complete ecosystem... But on the other hand, this strategy is really clever, from regulation to retail to wallets all in one package, basically saying "we're going to eliminate traditional payments."
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ApeEscapeArtist
· 11h ago
This move by MATIC is pretty aggressive, directly buying to connect the entire chain... But is it worth spending 250M just to expand retail?
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tx_or_didn't_happen
· 11h ago
Polygon is playing some serious moves here. Dropping 250 million to directly acquire compliance + channels + wallets, saving the hassle of doing it yourself.
Swallowing over 50,000 retail points in one go—this is truly a move to build payment infrastructure.
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ForkMonger
· 11h ago
ngl this reeks of desperation wrapped in "strategic consolidation" language... $250M to play catch-up in the payments layer? polygon's basically admitting solo they can't move the needle anymore. bet the governance vote was smooth though—no friction there, right? classic move when protocol economics get shaky 🎭
Polygon Labs is making a major play in the stablecoin payment space. The network just secured deals to acquire both Coinme and Sequence, with the total investment hitting over $250M. Here's what this means: Coinme brings the retail infrastructure—we're talking money transmitter licenses across 48 US states and 50,000+ retail locations ready to onboard users. Sequence adds the tech layer with its smart wallet solutions. Combined, they're assembling what Polygon calls the 'Open Money Stack'—basically a full-stack system designed to make stablecoin payments as accessible as traditional finance, but on-chain. The move signals how seriously Polygon (MATIC) is competing in the infrastructure arms race. Instead of building solo, they're consolidating complementary assets: regulatory compliance, retail distribution, and wallet technology. It's the kind of vertical integration play we're seeing more of in Web3 as projects race to bridge crypto and mainstream payment rails.