Polygon Labs Launches Open Money Stack for Global Stablecoin Payments

Polygon Labs has introduced the 'Open Money Stack,' a new framework designed to facilitate seamless, borderless payments using stablecoins. This initiative aims to leverage the scalability and low transaction costs of the Polygon network to create a more open and accessible financial ecosystem. The stack provides developers with the essential tools to build decentralized applications (dApps) focused on stablecoin transfers, potentially accelerating the adoption of digital dollars and other stable assets for everyday transactions across the globe.