Polygon announces integration of Open Money Stack with Solana

Polygon has announced the addition of Solana support to its Open Money Stack (OMS). Businesses can now deposit fiat currency via bank transfers, debit cards, cash, or crypto assets into USDC, USDT, PYUSD, or SOL on Solana through a single integration, storing the funds in a custodial or embedded wallet. The funds can then be routed and exchanged between EVM chains such as Solana, Polygon, Ethereum, Base, and TRON via Polygon Trails, ultimately withdrawing the funds to bank accounts, debit cards, cash outlets, or crypto wallets.