09.04.2026 05:25

Polygon Labs is reportedly in the midstof an early‑stage fundraising round that could raise as much as $100 million for a newly launched stablecoin‑payments business. Sources indicate the company is preparing to sell equity stakes projected to generate between $50 million and $100 million, a move that would mark one of the few occasions a blockchain‑infrastructure provider tries to enter the regulated payments arena.

The effort comes at a time when the broader crypto market is losing steam, prompting Polygon to look for ways to diversify its revenue stream. In January, the firm sealed definitive agreements to acquire payments startup Coinme and wallet‑service provider Sequence. By integrating these assets with its own blockchain “rails,” Polygon says it will have the building blocks needed to launch compliant stablecoin services across the United States and abroad—a foundation it describes as the “core” of the forthcoming Open Money Stack.

Industry data underscores the timing of the push. Chainalysis reported that stablecoins moved roughly $28 trillion of real‑world economic value in 2025, and the following month recorded a $7.2‑trillion transaction flow—surpassing the Automated Clearing House network’s $6.8 trillion for the first time. Ripple’s own forecasts, presented at the XRP Tokyo 2026 conference, estimate that on‑chain stablecoin volume could hit $33 trillion by the end of 2026, while Chainalysis projects a possibly staggering $719 trillion in adjusted stablecoin activity by 2035 if current growth rates hold.

Polygon’s latest maneuver reflects a strategic bet on the continued expansion of the stablecoin ecosystem, aiming to capture a slice of a market that appears poised for exponential growth. By marrying its blockchain expertise with established payment‑service assets, the company hopes to position itself at the forefront of regulated digital‑money infrastructure.