Polygon Labs, the developer behind the Polygon Proof of Stake blockchain, is planning an “Open Money Stack” for stablecoins and tokenized deposits later in 2026. Polygon finished 2025 with $3.3 billion in stablecoins onchain. However, several new public blockchains aim to target payments, creating a land grab.
“All money will move onchain over time,” said Sandeep Nailwal, Founder of Polygon and CEO of Polygon Foundation. “The companies and infrastructure that define that future will be built in the next few years, and this is the moment that matters.”
A proliferation of different stablecoins and deposit tokens will prove awkward if users only wish to hold one type. Polygon states that “senders will not think about the form of onchain money recipients prefer, and recipients will not need to dictate what is sent. This decoupling of the money sent from the money received is foundational to open money.”
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
