Live on Polygon spaces where we discuss Coinme and Sequence acquisitions.
What these acquisitions bring to Polygon:
1. Polygon Labs now has MTL licences/permission to operate regulated B2B retail stablecoin activity in 48 states in US
2. We have regulated on-ramp abilities
3. We have unique cash onramp ability from 40000 Kiosks
4. We have a strong Wallet as a service with which we can be closer to the customers
5. We have trails, the intent platform in addition to Agglayer for cross chain interoperability
6. We have Coinme's Cash to crypto onramp consumer app which can be extended to add bunch of Stablecoin consumer usecases
Less than one week ago we shared our vision for the next evolution of Polygon, and for global finance as a whole.
Today, weโre reaching a pivotal milestone for the Polygon Open Money Stack by acquiring @Coinme and @0xsequence.
Polygonโs blockchain rails have been ready for years. But we were missing the last mile pieces required to operate compliant, end-to-end payments at scale.
Regulated fiat access in the U.S. across 48 states, compliant onboarding infra, and seamless crosschain payments through intents.
Bringing Coinme and Sequence into Polygon completes the vertically integrated stack offering.
Truly excited to build alongside @neilbergquist and the Coinme team and @peterk, @_michaelsanders and the Sequence team to move all money onchain.
I told you, you werenโt ready. This is how we win in payments.