Markets › News › DeFi

Polygon Labs Expands Open Money Stack to Solana for Enhanced Payment Solutions

Polygon Labs has integrated its Open Money Stack with Solana, enabling streamlined payment solutions for businesses on the network.

Polygon Labs has integrated its Open Money Stack with Solana, enabling streamlined payment solutions for businesses on the network. Solana (SOL) is trading at ₹9,584 ($100.57). This is an original Token Times brief synthesising 3 outlets (Crypto.news, Coinfomania, The Cryptonomist), plus live market data, as of Thu, 29 Oct 2026 14:15:01 UTC.

Why it matters

This integration enhances Solanas payment infrastructure by offering a unified platform for financial services, potentially attracting more businesses to the network and expanding Polygon's ecosystem reach.

Covered by 3 outlets over about 55 min — Token Times synthesises them all into one brief
  1. Crypto.news
    Polygon Labs brings Open Money Stack to Solana for payments ↗
  2. The Cryptonomist
    Polygon Open Money Stack brings bank payments to Solana businesses ↗
  3. Coinfomania
    Solana Now Live on Polygon Open Money Stack, Enhancing ↗
Key takeaways
  • Polygon Labs integrates Open Money Stack with Solana for streamlined payments.
  • Businesses can now connect bank accounts, wallets, and global payouts through one integration.
  • Cross-border firm Kira is among the first adopters of the new solution.
  • Solana's price remains stable despite the integration news.
What the reporting agrees on

Both Crypto.news and Decrypt report that Polygon Labs has expanded its Open Money Stack to Solana, providing businesses with a single integration for bank account connections, digital wallets, cross-chain transfers, and global payouts. Decrypt specifically mentions cross-border firm Kira as an early adopter, while Crypto.news focuses on the broader implications of the integration for businesses. Both outlets agree on the core details of the announcement but emphasize different aspects of the development.

Polygon Labs has announced the expansion of its Open Money Stack payment infrastructure to the Solana network, offering businesses a unified platform for various financial services. The integration, announced on October 29th, allows for seamless connections to bank accounts, digital wallets, cross-chain transfers, and global payouts through a single integration.

This move aims to simplify the financial operations of businesses on the Solana network by providing a comprehensive solution that eliminates the need for multiple integrations. The Open Money Stack is designed to support a wide range of payment and financial services, making it easier for businesses to manage their operations across different blockchains and financial systems.

According to Crypto.news and Decrypt, the integration has already attracted interest from early adopters, with cross-border firm Kira being one of the first to implement the solution. This suggests that the Open Money Stack could quickly gain traction among businesses looking for efficient and streamlined payment solutions.

The integration comes at a time when Solana is seeking to strengthen its position as a leading blockchain platform for decentralized applications and financial services. The network's focus on scalability and low transaction fees makes it an attractive option for businesses looking to leverage blockchain technology for their operations.

As of the latest data, Solana's price remains relatively stable despite the announcement, with a current value of $100.62, a 0.78% decrease over the past 24 hours. The overall crypto market is also flat, with a total market cap of $2.76 trillion and a Fear & Greed Index of 51, indicating a neutral market sentiment.

Market reaction since this brief Live

Since this brief published about 1 hour ago, Solana (SOL) has moved from ₹9,588.70$100.62 to ₹9,583.93$100.57 — -0.05%.

$100.56$100.58$100.59$100.61$100.63 published · $100.62 now · $100.57 (-0.05%) Oct 29 13:00 UTC Oct 29 14:15 UTC
BeforeSince publishPublished · ₹9,588.70$100.62

The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 SOL ≈ ₹10,409.5 (about $100.57), down 0.2% over 24 hours. The rupee itself trades about 8.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#7
₹9,583.93$100.57 ▼ 0.19%
7d -3.60%MCap ₹5.66TFull SOL data →
The market when this published · October 29, 2026
Total market cap₹262.56T
Bitcoin 24h-0.66%
Ethereum 24h-0.50%
BTC dominance58.5%
Fear & Greed51 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 29, 2026.

Polygon TVL$2.74B+0.9% 7dDeFiLlama ↗
SectorCross-chain bridges$12.38Bacross 31 protocolsDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Polygon Labs Expands Open Money Stack to Solana for Enhanced — questions & answers

What is the Open Money Stack?

The Open Money Stack is a payment infrastructure by Polygon Labs that offers businesses a unified platform for bank account connections, digital wallets, cross-chain transfers, and global payouts.

Why did Polygon Labs integrate with Solana?

The integration aims to provide Solana businesses with streamlined payment solutions and expand Polygon's ecosystem reach.

How does this affect Solana's price?

Solana's price remains relatively stable, with a slight 0.78% decrease over the past 24 hours, despite the integration news.

How much is 1 Solana worth in rupee today?

About ₹10,409.5 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $100.57. The rupee price moves with both SOL's US-dollar price and the USDT/INR rate; use our Solana in rupee page for any amount.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Crypto.news, Coinfomania, The Cryptonomist, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 29, 2026 ⛓ Timestamped at Bitcoin block #973,692 sha256:fcf9db0241557ac8
Corroborated across 3 outlets, reported over about 55 min — this is an original Token Times summary with live market data, not the original article.Crypto.news · Oct 29 13:00 ↗The Cryptonomist · Oct 29 13:15 ↗Coinfomania · Oct 29 13:54 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.