Polygon Targets Payments Sector Dominated by Visa and Stripe With Coinme Acquisition
Key Highlights: Polygon Labs projects its regulated payments division will reach profitability by 2027 as it challenges traditional fintech leaders like Visa and Stripe. The company completed its acquisition of Coinme, a U.S.-regulated crypto payments provider, enabling in-house conversions across crypto, stablecoins, and fiat currencies. The move expands Polygon’s monetization model, allowing it to collect ...