@wintersoldierxz
$100M raise for Polygon Labs — but not for the chain.
They're spinning up a separate stablecoin payments entity, selling $50–100M in equity, with CEO Marc Boiron leading it directly.
Why now? Stablecoin payments is one of the few areas still growing.
- @Revolut already runs on @0xPolygon for stablecoin transfers.
- @circle just opened the same rails for banks.
@chainalysis sees $1.5 quadrillion in volume potential over the next decade.
Longer term:
@0xPolygon is launching Open Money Stack end of 2026 — a composable toolkit for businesses building payment infrastructure.
The pivot is clear. From L2 infra company to stablecoin payments company.
https://beincrypto.com/polygon-100m-stablecoin-payments-venture/