Search results for Marc Boiron
Crypto
Polygon Open Money Stack adds Tron support, linking U.S. bank accounts to USDT
Polygon Labs will support the Tron network on its payments infrastructure, Polygon Open Money Stack, The Block reported on Tuesday. The move lets fintech firms and remittance and payments providers link funds held in U.S. bank accounts to Tron-based USDT. Tron is the network with the largest circulation of USDT, with more than $94 billion outstanding and cumulative transfers exceeding $30 trillion, the report said.
Crypto
Meta opts for stablecoin instead of own coin, pays creators in USDC
Meta has begun settling payments in the stablecoin USDC for some Facebook creators in Colombia and the Philippines. The pilot uses the Solana and Polygon networks to reduce cross-border payment delays and fees. A Meta spokesperson said the company is reviewing stablecoins as part of broader payment options. Meta does not convert USDC to cash, leaving creators to handle exchange and related fees. Meta is working with Stripe to support tax reporting.
Crypto
Polygon Labs unveils Open Money Stack targeting stablecoin payments
Polygon Labs has unveiled a modular framework called Open Money Stack aimed at stablecoin-based payments, CoinDesk reported on Jan. 8. The framework focuses on simplifying payments across blockchains and cross-border value transfers. Due to launch by the end of this year, it is designed to let financial institutions and fintech firms integrate on-chain payments, fiat access and compliance tools, CoinDesk said.