Polygon said on Oct. 29 that Solana is now live on Polygon Open Money Stack (OMS), its payments product. Businesses on Solana can take a customer from a bank payin to a stablecoin balance to a payout through one API, according to Polygon's post on X. The announcement came right after the two projects' public block-and-mute exchange.

What businesses can do on it now

Polygon lists four functions as live. Companies can accept deposits by bank transfer, card, cash or crypto, and hold funds in custodial or embedded Solana wallets. They can convert dollars to stablecoins and back, and pay out to bank accounts, cards, cash or wallets.

Routing is the other piece. Polygon says OMS moves USDC, USDT, PYUSD, SOL and wrapped SOL between Solana, TRON and EVM chains in a single transaction. Its embedded wallets now support Solana through the same API used for EVM wallets. The fiat side runs on what Polygon calls money transmitter licenses across 48 US states.

Polygon's pitch on X was a joke about timing:

"Stablecoins love a 2am on a Sunday. Banks, famously, do not."

From blocked accounts to a joint product

The two accounts had been trading barbs a day earlier. Solana's official account blocked Polygon after Polygon posted a video of itself unmuting it. Polygon then published a mock notice that began

"Dear everyone" and said: "we are no longer at war with Solana."

The notice continued:

"Quite the opposite actually. The Polygon Open Money Stack now integrates Solana, and we're working together to make money move better together for everyone." It closed with a jab at the community: "To everyone who made the chain wars their personality, we recognize this must be a very difficult time and we ask everyone to please respect their privacy. Onwards."

Co-founder Sandeep Nailwal posted a straighter version.

"If you'd told me six years ago I'd be encouraging people to use Solana for payments, I probably would've started an argument with you," he wrote. He added that "moving all money onchain was always going to take more than one chain," and thanked Solana's Anatoly Yakovenko and Raj Gokal by handle.

Yakovenko and Gokal co-founded Solana. Nailwal's reference to an argument points back to the 2022 public disputes between him and Solana figures that were part of the rivalry's history.

The case Polygon makes to Solana teams

Polygon says Solana moves more than $2T in stablecoin volume each quarter. Its argument is that moving tokens is the easy part.

"Holding or swapping an asset is one thing. Running a payments product is another: you still need bank access, customer accounts, routing, and payouts."

The target customers are fintechs, payment apps and marketplaces that want to handle real money flows without becoming a bank or a money transmitter. Polygon's own example is a US sender who deposits $2,000 and a family in Mexico that receives 36,840 MXN, with USDC on Solana in between.

Polygon also says the stack is not all-or-nothing. A business can run the whole flow or use individual pieces alongside its own wallet, compliance provider or ledger.

Polygon Labs has moved its focus toward payments in recent years, and the company has pointed to stablecoin payments and its AggLayer interoperability system as central bets. Polygon Labs also agreed to buy Coinme, a US crypto company with money transmitter licenses, in late 2025, which would explain the licensing claim.

Solana already has stablecoin payment infrastructure from other providers, including Stripe's Bridge, so Polygon enters a field with existing options.

What is still unclear

The announcement names no customers and gives no pricing. It does not say which businesses are already integrated or how fees compare with using separate providers. Polygon has not given a regulatory status for the payout side beyond the license claim.

The company says it will share more as it goes. Its post ends with a line on scope:

"Solana is the next chain to get Polygon OMS support, not the last."
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